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Paramount Skydance gets $40B personal backing from Larry Ellison for WBD bid
Invezz· 2025-12-22 14:06
Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance's hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes... ...
Berger Montague PC Investigates Warner Bros. Discovery, Inc.'s Board of Directors for Breach of Fiduciary Duty (WBD)
TMX Newsfile· 2025-12-22 14:06
Core Viewpoint - An investigation is being conducted into Warner Bros. Discovery, Inc.'s Board of Directors for potential breaches of fiduciary duties and violations of state law related to the proposed sale of the Company or its parts [1][3]. Group 1: Investigation Details - The investigation by Berger Montague focuses on whether the Board failed to maximize shareholder value by adequately evaluating acquisition proposals for the Company or its segments [3]. - Shareholders are encouraged to contact Berger Montague for more information regarding the investigation [2]. Group 2: Company Overview - Warner Bros. Discovery, Inc. is a multinational mass-media and entertainment conglomerate, involved in film and TV studios, streaming services, and cable/linear networks [2]. - The law firm Berger Montague has a strong track record in complex civil litigation and has recovered over $50 billion for clients over its 55-year history [4].
奈飞(NFLX.US)为世纪收购“储备弹药”:启动590亿美元银团贷款再融资,置换部分高成本过渡性贷款
智通财经网· 2025-12-22 13:44
智通财经APP获悉,奈飞(NFLX.US)利用了成本更低、期限更长的债务,对其 590 亿美元过桥贷款中的 一部分进行了再融资,从而强化了其竞购华纳兄弟探索公司(WBD.US)的财务方案。 富国银行、法国巴黎银行和汇丰控股是为奈飞提供无担保过桥贷款的银行成员。 周一宣布的债务将分阶段到期。假设收购顺利进行,允许便捷借款和还款的循环信贷额度将于 2030 年 或交易完成后的三年到期(以较早者为准)。根据声明,延迟提取定期贷款将分别在两年和三年后到期。 奈飞可能会利用资本市场进一步缩减其过桥贷款规模,并延长债务期限。届时,由于奈飞拥有穆迪的 A3 债务评级和标普的 A 评级,其债务很可能被评为投资级。 尽管奈飞拥有华纳兄弟董事会的支持,但在完成收购方面仍面临监管和政治障碍。马萨诸塞州民主党参 议员伊丽莎白·沃伦将这一竞购标签为"反垄断噩梦",而奈飞已采取行动安抚员工,称收购不会导致制 片厂关闭。 过桥贷款 过桥贷款用于填补即时融资缺口,通常被准备收购竞标的公司使用。这类贷款通常在几周或几个月后由 更持久、成本更低的债务所取代,且债务往往分散在更多的贷款人手中。 虽然过桥贷款期限较短,但能让银行与公司建立关系,以便 ...
Netflix Prepares $25 Billion in Bank Financing for Warner Deal
Yahoo Finance· 2025-12-22 13:30
The financing comes after Netflix earlier this month agreed to buy Warner Bros. for $72 billion. - Lucy Nicholson/Reuters Netflix is laying the foundation for its deal to buy Warner Bros. Discovery’s studios and HBO Max streaming service, securing up to $25 billion in bank financing to fund it. The Los Gatos, Calif., streaming company entered into a $5 billion senior unsecured revolving credit facility and two senior unsecured delayed-draw term-loan facilities totaling $20 billion, according to a Monday ...
Ellison offers personal guarantee to beef up Paramount's Warner Bros bid
Yahoo Finance· 2025-12-22 13:07
By Akash Sriram Dec 22 (Reuters) - Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix. The ​guarantee, disclosed in a filing on Monday, seeks to allay the Warner Bros board's doubts about Paramount's financing and ‌the lack of full Ellison family backing, which had pushed it toward the competing cash-and-stock offer from Netflix. W ...
Larry Ellison gives $40.4 billion guarantee for Paramount bid for Warner Bros
Reuters· 2025-12-22 13:07
Core Viewpoint - Oracle co-founder Larry Ellison has provided a personal guarantee of $40.4 billion for the equity financing related to Paramount Skydance's acquisition offer for Warner Bros Discovery [1] Group 1 - Larry Ellison's personal guarantee is significant, amounting to $40.4 billion, which indicates strong confidence in the acquisition deal [1] - The financing is crucial for Paramount Skydance as it seeks to acquire Warner Bros Discovery, highlighting the competitive landscape in the media and entertainment industry [1]
Netflix refinances part of $59 billion loan with cheaper, long-term debt as it seeks to acquire Warner Bros
MINT· 2025-12-22 12:51
Streaming giant Netflix Inc has refinanced a portion of its $59 billion bridge loan with cheaper, long-term debt, strengthening the financial support for its bid to acquire Warner Bros. Discovery Inc, according to a report by Bloomberg.Netflix secured a $5 billion revolving credit line and two $10 billion delayed-draw term loans to refinance part of the bridge facility used for its Warner Bros. bid, as per a Monday filing. This leaves $34 billion available for syndication, the report said.In early December, ...
奈飞为590亿美元过桥贷款进行部分再融资,支持竞购华纳兄弟探索
Xin Lang Cai Jing· 2025-12-22 12:49
来源:智通财经 本月初,奈飞宣布达成协议,将以每股27.75美元的现金加股票交易收购华纳兄弟探索公司的影视工作 室及流媒体业务。交易的整体企业价值约827亿美元,其中股权价值720亿美元。 当地时间12月22日,奈飞向美国证监会提交文件称,通过50亿美元循环信贷额度及两笔各100亿美元的 延期提款定期贷款,对为收购华纳兄弟探索而设立的过桥贷款部分资金进行再融资。这意味着仍有340 亿美元的额度有待银团分销。 ...
Netflix Refinances Part of $59 Billion Loan for Warner Bros.
Yahoo Finance· 2025-12-22 12:13
Netflix Inc. refinanced part of a $59 billion bridge loan with cheaper and longer-term debt, bolstering the financial package underpinning its bid for Warner Bros. Discovery Inc. The streaming giant got a $5 billion revolving credit facility and two $10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros. bid, according to a filing on Monday. That leaves $34 billion for syndication. Most Read from Bloomberg Netflix agreed to a deal in early December ...
Netflix refinances part of $59 billion bridge loan tied to Warner Bros Discovery deal
Reuters· 2025-12-22 11:53
Core Viewpoint - Netflix has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros Discovery [1] Group 1 - The refinancing of the bridge loan indicates Netflix's ongoing strategy to secure financing for significant acquisitions [1] - The total amount of the bridge loan is $59 billion, highlighting the scale of Netflix's financial commitments in pursuing growth through acquisitions [1]