Paramount’s $30 billion bond sale draws $109 billion demand for Warner Bros deal
· livemint.com
Paramount is seeking to raise $32 billion from a financing package that includes $12.4 billion in junk bonds and $7.5 billion in loans. The offering has attracted demand exceeding expectations, with investors placing orders over $109 bn as the company increases its debt for the Warner acquisition.
Paramount Skydance Corp. has attracted demand more than three times the expected size of its blue-chip bond offering to help fund its acquisition of Warner Bros...