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Netflix Lines Up $25 Billion in Bank Financing for Warner Bros. Deal [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The streaming giant entered into a $5 billion senior unsecured revolving credit facility and two senior unsecured delayed-draw term-loan facilities totaling $20 billion, according to a Monday filing with the Securities and Exchange Commission. CBS News Pulls ‘60 Minutes' Segment; Correspondent Calls Decision Political These Teenagers Are Already Running Their Own AI Companies One of Elon Musk's Old Enemies Joins the Race to Run GM How Ford Failed to Bottle Tesla's EV Magic A Tech Columnist's Guide to Helping Family With Their Gadgets Netflix earlier this month agreed to buy Warner Bros. for $72 billion after the entertainment company splits its studios and the HBO Max streaming business from its cable networks. Its new financing will help fund the cash considerations of the deal, as well as pay related fees and expenses, refinance debt and for general corporate purposes. The revolving credit facility will mature three years after the Warner Bros. deal closes, three year
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