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Paramount Skydance announced it has finalized the syndication of its bridge loan and secured permanent financing from a consortium of 18 banks.
Paramount Skydance has finalized bridge loan syndication and secured permanent financing from 18 banks.
KEY POINTS
- The total committed debt for the merger has been reduced to $49bn from $54bn.
- A $3.5bn facility was scrapped, while $5bn term loan and $5bn revolving credit remain.
- All financing is secured by assets of the merged Paramount, Skydance, and Warner Bros Discovery entity.
COMPANIES
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