Just three years after selling one of the biggest high-grade corporate bonds on record, Warner Bros. Discovery Inc. is giving noteholders the type of tough choices more typically faced by holders of ...

To prepare for the spinoff, Warner is using the tender to clean up its balance sheet. It is financing the bond buyback with a US$17.5bn secured bridge loan from JP Morgan, which the company expects to ...

Warner Bros Discovery is splitting up into two companies, unwinding the 2022 WarnerMedia and Discovery merger. The media ...