{
  "id": 10566871,
  "title": "Paramount Pushes $44 Billion Debt Offering to Finance Warner Bros. Acquisition",
  "url": "https://urgent.news/2026/09/28/paramount-pushes-44-billion-debt-offering-to-finance-warner-bros",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-09-28T23:51:09.000Z",
  "source": {
    "name": "TheWrap",
    "slug": "thewrap",
    "url": "https://www.thewrap.com/industry-news/deals-ma/paramount-44-billion-debt-offering-to-finance-warner-bros-acquisition/"
  },
  "original_language": "en",
  "account": "Paramount Skydance is seeking to raise $44 billion in debt to fund its acquisition of Warner Bros. Discovery, as it waits for approval of a settlement with state attorneys general. The debt issuance includes $32 billion in investment-grade bonds and $12.4 billion in high-yield securities. The funds will be used alongside equity, term loans, and existing cash reserves to finance the $110 billion purchase. The merger agreement requires approval from U.S. District Judge Araceli Martinez-Olguin, whose decision was delayed after a September 24 hearing. The judge has not set a timeline for her ruling. Paramount acknowledges the uncertainty in the closing date, currently estimated for October 7. The merger would result in $80 billion in debt and include layoffs, with CEO David Ellison promising $6 billion in synergies. Shareholders will receive a $31 per share payout, vested WBD equity awards, and additional fees totaling less than $80 billion.",
  "summary": "The studio is awaiting final approval of its settlement with 12 state AGs by a federal judge The post Paramount Pushes $44 Billion Debt Offering to Finance Warner Bros. Acquisition appeared first on TheWrap .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}