Paramount M&A Loan Cut to $49 Billion as Lending Group Swells

Paramount M&A Loan Cut to $49 Billion as Lending Group Swells

Bank of America Corp. and Citigroup Inc. have sold down a multi-billion dollar bridge loan backing Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. to a wider group of banks, a key step in one of the biggest M&A financings of the year.

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