Wall Street banks launch loan sale to refinance Warner Bros.’ bridge facility - BNN Bloomberg
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Article Excerpt
Wall Street banks are reportedly launching a loan sale that could be used to refinance Warner Bros.' bridge facility, according to sources familiar with the matter.
The potential refinancing deal involves a group of banks led by J.P. Morgan Chase and Goldman Sachs, which are said to be in discussions to sell at least part of a $1 billion term loan B (T LB) held by several banks.
Warner Bros. Discovery, the media conglomerate that owns Warner Bros., has been seeking ways to reduce its debt burden and improve its balance sheet after completing its acquisition of Time Inc. and Turner Broadcasti…
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Jun 3, 2026