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Paramount extends deadlines for bond tender and exchange offers linked to Warner Bros. Discovery acquisition.

Company Fundamentals
24 Aug 2026
PRNewsWire
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Neutral
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Paramount Skydance Corporation has extended the expiration dates for its cash tender offers and exchange offers on various notes issued by Warner Bros. Discovery entities. These offers, initially announced earlier, are linked to Paramount's proposed acquisition of Warner Bros. Discovery, Inc. The new expiration date is set for September 4, 2026, with settlement expected in the third quarter of 2026, aligning with the anticipated closing of the acquisition. As of August 21, 2026, over 64% of tender offer notes and nearly 74% of exchange offer notes have been tendered, but Paramount expects these figures to change as the offers continue until the acquisition closes.

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