Paramount Skydance is trading 4.7% down at $9.85; available reporting does not establish a direct cause for the October 1 decline.
- The company announced pricing for a $41.4 billion senior secured notes offering and additional term-loan facilities; proceeds are intended in part to finance its Warner Bros. Discovery acquisition and repay debt.
- The merger is expected to close October 6, following a judge’s approval of the settlement with 12 states.