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Ellison's Skydance Merger Faces Debt, Streaming, and News Challenges
New York TimesLO·US·about 16 hours ago
Paramount Skydance issued a record 124 billion kronor in junk-rated bonds to finance its acquisition of Warner Bros Discovery. This marks the largest high-yield issuance in Swedish kronor, signaling strong risk appetite in credit markets. The deal's success suggests investor confidence in the media sector despite high leverage.