secwatch.observer — SEC 8-K summary
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Issuer:     Warner Bros. Discovery, Inc. (WBD)
CIK:        0001437107
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001193125-25-014369
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Warner Bros. Discovery subsidiary to redeem $1.5B of 6.412% notes due 2026 via new term loan
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- WarnerMedia Holdings issued conditional notice to redeem all $1.5B of its 6.412% Senior Notes due 2026.
- Redemption funded by new $1.5B 364-day senior unsecured term loan facility entered on January 28, 2025.
- Redemption date is February 7, 2025, or later if condition not satisfied, but no later than March 29, 2025.
- Redemption price: 100% of principal plus accrued and unpaid interest to, but excluding, redemption date.
- Condition precedent: receipt of term loan proceeds; WMH may waive condition in its sole discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437107/000119312525014369/0001193125-25-014369-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437107/000119312525014369/d141255d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-014369

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer