Paramount is preparing to sell about $49 billion in debt to help fund its planned takeover of Warner Bros., according to reporting from multiple outlets. The financing is structured as a large multi-part debt package rather than a single bond offering.
One source says the package includes $30 billion in investment-grade bonds, $7.5 billion in loans, and $12 billion in second-lien bonds. The reporting frames the debt sale as part of the broader financing work needed to support the merger, though details on pricing, timing, and final terms are not covered in the excerpts provided.
Across the available coverage, the key common point is the proposed size and composition of the debt package. Differences, where present, relate to how outlets describe the plan’s purpose and the merger context, but both focus on Paramount’s preparation to raise capital through this debt offering for the Warner Bros. acquisition.