Paramount Skydance signs $10 billion senior secured credit agreement with Citi-led banks

Reuters04-09 21:03
Paramount Skydance signs $10 billion senior secured credit agreement with Citi-led banks
  • Paramount Skydance entered into senior secured Pro Rata Credit Agreement on April 7, 2026 with Citibank as administrative agent.
  • New facilities total USD 10 billion, including USD 5 billion revolving credit facility.
  • Credit package also includes USD 2.5 billion three-year term loan A-1 plus USD 2.5 billion five-year term loan A-2.
  • Bridge financing commitments tied to acquisition of Warner Bros. Discovery were reduced to USD 49 billion from USD 54 billion.
  • Revolving commitments under separate 365-day facility were cut to zero from USD 3.5 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paramount Skydance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-041263), on April 09, 2026, and is solely responsible for the information contained therein.

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