WBD Repays Loans and Terminates Credit Facilities at Merger Closing
Filed with the SEC on · Summarized by InvestorsBot
At the closing of its merger with Paramount Skydance Corporation, Warner Bros. Discovery repaid all loans and terminated all commitments under its June 4, 2026 first-lien facility and October 4, 2024 credit agreement; the filing does not disclose repayment amounts. Separately, WBD’s board ratified 396,804 director RSUs granted after the plan expired on May 20, 2025, including 120,000 shares already issued, and said the awards will convert into cash rights under the merger agreement.