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Skydance Bonds Extend Losses Amid Buyout Angst

Bloomberg Markets Tuesday 13 October 2026, 21:19 UTC By Zahra Tayeb 1 min read
Key Points

Skydance Bonds Extend Losses Amid Buyout Angst Skydance Corp. bonds weakened further on Tuesday, and the cost of protecting the company’s debt against default jumped, as investors fretted about the profitability of the company after its $110 billion acquisition of Warner Bros. Discovery Inc. The company’s 9.125% junk bonds due 2036 dropped about 2.5 cents on the dollar to 91 cents on Tuesday, according to Trace. The notes were sold at 100 cents on the dollar on Sept. 30.

Skydance Bonds Extend Losses Amid Buyout Angst Skydance Corp. bonds weakened further on Tuesday, and the cost of protecting the company’s debt against default jumped, as investors fretted about the profitability of the company after its $110 billion acquisition of Warner Bros. Discovery Inc. The company’s 9.125% junk bonds due 2036 dropped about 2.5 cents on the dollar to 91 cents on Tuesday, according to Trace. The notes were sold at 100 cents on the dollar on Sept. 30.
Angst Skydance Corp. (ORG) Warner Bros. Discovery Inc. (ORG) Trace (ORG)
Originally published by Bloomberg Markets Read original →

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