- Netflix (NFLX) has reworked a portion of the $59 billion bridge financing supporting its potential acquisition of Warner Bros. Discovery (WBD), according to a filing on Monday.
- The streaming giant secured a $5 billion credit line and two $10 billion delayed-draw loans to refinance part of its Warner Bros. bridge financing.
- That leaves $34 billion for syndication.
Netflix refinances portion of $59B loan backing Warner Bros. Discovery takeover