WBD subsidiary extends bridge loan maturity to June 2027, tied to planned linear TV spin-off as part of Netflix merger

Warner Bros. Discovery, Inc.

Bridge loan maturity extended to earlier of June 30, 2027 or completion of Linear Business spin-off.
Amendment removes non-consenting lenders and reallocates loans among extending lenders at par.
Merger Agreement with Netflix (Jan 19, 2026) defines spin-off of Linear Business (SpinCo) via Separation and Distribution Agreement.
Borrower Discovery Global Holdings (formerly WarnerMedia Holdings) remains borrower; Parent WBD guarantor.
No default or event of default occurred after giving effect to amendment.

item 1.01item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.