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Paramount Cuts Pricing on $30 Billion High-Grade Bond Sale
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsMedia & Entertainment
Credit spreads on the largest tranche of Paramount Skydance Corp.'s $52 billion financing for its Warner Bros. Discovery Inc. buyout tightened as banks moved toward completing the transaction. The narrowing spreads indicate improving investor confidence in financing the long-awaited media-sector deal.
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