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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
HYC
COMM
PRCD
PSKY
Paramount Skydance Corp-
5USOA
Sep 30, 2026
currency
USD
size (m)
6,000.000
maturity
Oct 15, 2031
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
Tsy
ranking
Sr. Secured
moody's
B1
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
Low-mid 8s
ipt-pxd
-
guidance
8.375% area
spread
318
coupon
8.25%
spread set
-
price
100.00000
yield
8.25%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
currency
USD
size (m)
4,000.000
maturity
Oct 15, 2034
type
Fixed
tenor
8.000
call
3.00
registration
144A/Reg S
benchmark
Tsy
ranking
Sr. Secured
moody's
B1
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
High 8s
ipt-pxd
-
guidance
8.875% area
spread
366
coupon
8.875%
spread set
-
price
100.00000
yield
8.875%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
currency
USD
size (m)
1,400.000
maturity
Oct 15, 2036
type
Fixed
tenor
10.000
call
5.00
registration
144A/Reg S
benchmark
Tsy
ranking
Sr. Secured
moody's
B1
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
Low 9s
ipt-pxd
-
guidance
9.125% area
spread
385
coupon
9.125%
spread set
-
price
100.00000
yield
9.125%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
currency
EUR
size (m)
885.000
maturity
Oct 15, 2031
type
Fixed
tenor
5.000
call
2.00
registration
144A/Reg S
benchmark
DBR
ranking
Sr. Secured
moody's
B1
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
USD 5y tranche - 100bp
ipt-pxd
-
guidance
7.125%-7.375%
spread
368
coupon
7.00%
spread set
-
price
100.00000
yield
7.00%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
currency
EUR
size (m)
-
maturity
-
type
Fixed
tenor
8.000
call
3.00
registration
144A/Reg S
benchmark
-
ranking
Sr. Secured
moody's
B1
s&p
BB
fitch
BB
size description
-
re-open/tap
No
ipt
USD 8y tranche - 100bp
ipt-pxd
-
guidance
-
spread
-
coupon
-
spread set
-
price
-
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
left lead
active leads
joint leads
passive leads
-
co-managers
coordinating managers
-
Tranche Comments
First Pay: 2027-04-15; Redemption: 2028-10-15; Registration: 144A/Reg S; Comments: CoC: 101%; SMR: 101%; RegS ISIN: USU7010QAN26; First Pay: 2027-04-15; Redemption: 2029-10-15; Registration: 144A/Reg S; Comments: CoC: 101%; SMR: 101%; RegS ISIN: USU7010QAP73; First Pay: 2027-04-15; Redemption: 2031-10-15; Registration: 144A/Reg S; Comments: CoC: 101%; SMR: 101%; RegS ISIN: USU7010QAQ56; First Pay: 2027-04-15; Redemption: 2028-10-15; Registration: 144A/Reg S; Comments: CoC: 101%; SMR: 101%; RegS ISIN: XS3445898797; First Pay: 2027-04-15; Registration: 144A/Reg S;
Use of Proceeds
To fund the acquisition of Warner Bros Discovery Inc (WBD) for $31.00 per share in cash or $81bn total equity ($110bn enterprise value)