Report: Paramount to sell $49 billion worth of bonds

Sky News Arabia — Business highlighted the topic "Report: Paramount intends to sell $49 billion worth of bonds" and presented the development as the key point of the available source material.

Bloomberg News quoted sources as saying that bankers have begun contacting investors ahead of a $49 billion bond offering in favor of American media and entertainment giant Paramount Skydance Corp. to finance its acquisition of rival Warner Bros. Discovery, after the company succeeded in reaching a settlement to withdraw the objection of a number of US states to the acquisition.

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