Bank of America (BAC) and Citigroup (C) are discussing a debt package with investors that would help fund Paramount Skydance's (PSKY) proposed acquisition of Warner Bros. Discovery (WBD), Bloomberg News reported Thursday, citing people with knowledge of the matter.
The proposed financing would include approximately $30 billion in high-grade bonds, $12 billion of junk bonds, and $7.5 billion in loans, the unnamed sources told the news outlet.
Bank of America, Citigroup, Paramount, and Warner Bros. didn't immediately respond to MT Newswires' requests for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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