Paramount, Netflix spur Wall Street race to win jumbo loan deals | Fortune
Two massive debt packages—up to $54 billion for Paramount Skydance and $59 billion for Netflix—financed competing bids for Warner Bros., reflecting renewed large-scale leveraged deals.
Netflix's $59 billion loan for Warner Bros. among biggest ever
Netflix secured a $59 billion unsecured bridge loan from major banks to back its $72 billion acquisition of Warner Bros. Discovery, enabling investment-grade bond refinancing.