Paramount Skydance Corporation Announces $41.4 Billion and €885 Million Senior Secured Notes Offerings and $8.5 Billion and €850 Million Term Loan B Facility Pricing

Paramount Skydance Corporation Announces $41.4 Billion and €885 Million Senior Secured Notes Offerings and $8.5 Billion and €850 Million Term Loan B Facility Pricing PR Newswire

LOS ANGELES and NEW YORK, Sept. 30, 2026 /PRNewswire/ -- PARAMOUNT SKYDANCE CORPORATION (NASDAQ: PSKY) (the "Company") today announced that it has agreed to sell $3.5 billion aggregate principal amount of 6.30% Senior Secured First Lien Notes due 2028 (the "2028 First Lien Notes"), $3.5 billion aggregate principal amount of 6.55% Senior Secured First Lien Notes due 2029 (the "2029 First Lien Notes"), $6.5 billion aggregate principal amount of 7.05% Senior Secured First Lien Notes due 2031 (the "2031 First Lien Notes"), $5.25 billion aggregate principal amount of 7.55% Senior Secured First Lien Notes due 2033 (the "2033 First Lien Notes"), $5.25 billion aggregate principal amount of 7.90% Senior Secured First Lien Notes due 2036 (the "2036 First Lien Notes"), $1.25 billion aggregate principal amount of 8.65% Senior Secured First Lien Notes due 2046 (the "2046 First Lien Notes"), $3.5 billion aggregate principal amount of 8.75% Senior Secured First Lien Notes due 2056 (the "2056 First Lien Notes") and $1.25 billion aggregate principal amount of 8.90% Senior Secured First Lien Notes due 2066 (together with the 2028 First Lien Notes, the 2029 First Lien Notes, the 2031 First Lien Notes, the 2033 First Lien Notes, the 2036 First Lien Notes, the 2046 First Lien Notes and the 2056 First Lien Notes, the "First Lien Senior Secured Notes"). In addition, the Company has agreed to sell $6 billion aggregate principal amount of 8.250% Senior Secured Second Lien Notes due 2031 (the "2031 Second Lien Dollar Notes"), €885 million aggregate principal amount of 7.000% Senior Secured Second Lien Notes due 2031 (together with the 2031 Second Lien Dollar Notes, the "2031 Second Lien Notes"), $4 billion aggregate principal amount of 8.875% Senior Secured Second Lien Notes due 2034 (the "2034 Second Lien Dollar Notes"), and $1.4 billion aggregate principal amount of 9.125% Senior Secured Second Lien Notes due 2036 (the "2036 Second Lien Notes" and, together with the 2031 Second Lien Notes and the 2034 Second Lien Dollar Notes, the "Second Lien Senior Secured Notes", and, collectively with the First Lien Senior Secured Notes, the "Notes"). The sale of the Notes is expected to close on October 5, 2026, subject to customary closing conditions.