Paramount Skydance Shares Fall on $44.4B Bond Sale for Warner Merger

Key Facts

1Paramount Skydance stock fell 3% to $9.97 as it began marketing a massive debt package.

2The bond offering is valued at $44.4 billion to fund the pending acquisition of Warner Bros. Discovery.

Paramount Skydance stock fell 3% to $9.97 as the company began marketing a massive debt package. Paramount Skydance said in a statement that it plans to offer approximately $44.4 billion in aggregate principal amount of senior secured notes to fund its pending acquisition of Warner Bros. Discovery.

PSKY closed at $10.28 on September 28, 2026, while WBD closed at $30.9 on the same date. In contrast, NFLX closed at $69.23 on September 28, 2026, with a 247wallst.com report noting that Netflix gains stood clear of the financing story impacting Paramount Skydance equity.