PSKY Issues $41.4B USD, €885M Notes, Secures New Debt, Completes WBD Acquisition
· The NYC Memo
On October 6, 2026, Skydance Corporation completed its acquisition of Warner Bros. Discovery, Inc. (WBD), converting each WBD share into $31.00 cash plus a ticking consideration. To finance this, Skydance Corporation issued $41.4 billion in USD senior secured notes and €885 million in Euro notes on October 5, 2026, and amended its Credit Agreement to establish new Term B-1 Loan Facilities totaling $8.5 billion USD and €850 million Euro.
Concurrently, Andrew Brandon-Gordon was appointed President, and employment agreements for CEO David Ellison and other executives were amended to extend terms and increase compensation.