1. Paramount-Skydance M&A Loan Cut to $49 Billion as Bank Syndicate Expands
The massive bridge loan financing Paramount Skydance Corp.'s takeover of Warner Bros. Discovery Inc. has been downsized and syndicated to a broader group of lenders. Bank of America and Citigroup, the original arrangers, have sold down portions of the multi-billion dollar facility, reducing the total commitment to $49 ...