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Citigroup Sets Up Paramount Loan Calls as Banks Prepare to Sell Debt

Source: Bloomberg

M&A & RestructuringCredit & Bond MarketsMedia & Entertainment

Citigroup will begin meetings with loan investors on Thursday for Paramount Skydance as banks prepare a debt sale to finance its takeover of Warner Bros. Discovery. The launch of investor discussions indicates progress toward financing a major media-sector acquisition, with potential implications for Paramount Skydance and Warner Bros. Discovery credit securities.

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