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 ...

Overview - Bridge loans provide immediate cash flow for real estate deals or business expenses [1] Benefits and Risks - The report highlights the benefits and risks associated with bridge loans [1] Application - Bridge loans can be used for real estate deals or business expenses [1]