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Newsig · Financial Times

Paramount stomachs heavy borrowing costs to fund Warner Bros deal

Investors pile into the record-breaking $52bn financing package as yields near 9%

Why it matters

WBD · Why linked: Warner Bros. Discovery is the target of the merger/acquisition being financed by Paramount. Market context: Being acquired in a debt-heavy deal could limit upside or create deal-risk volatility for WBD shareholders.

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