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Warner Bros Discovery seeks to refinance debt ahead of its planned merger with Paramount Skydance.
JPMorgan-led banks increased Warner Bros Discovery's loan package to over $10 billion for refinancing.
KEY POINTS
- The U.S. dollar term loan grew from $5 billion to $9 billion, euro portion unchanged at 1 billion.
- Paramount's acquisition of Warner Bros Discovery is now valued at about $110 billion after Netflix withdrew.
- JPMorgan has already earned $189 million in fees from Warner Bros-related deals, per a prior Reuters report.
COMPANIES
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