Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Warner Bros. Discovery, Inc. amended credit facility of bridge loan with JPMorgan Chase Bank, N.A. maturing earlier of (x) June 30, 2027 and (y) the date that the Spin-Off occurs.
- Instrument
- credit facility
- Principal
- bridge loan
- Counterparty
- JPMorgan Chase Bank, N.A.
- Maturity
- earlier of (x) June 30, 2027 and (y) the date that the Spin-Off occurs
- Event
- amendment
Exact text from the filing
On February 18, 2026, Discovery Global Holdings, Inc. (formerly known as WarnerMedia Holdings, Inc.) (“DGH”), a wholly-owned subsidiary of Warner Bros. Discovery, Inc. (the “Company”), entered into Amendment No. 1 (“Bridge Loan Amendment”) to that certain Non-Investment Grade Leveraged Bridge Loan Agreement, dated as of June 26, 2025 (the “Existing Bridge Loan Agreement” and, as amended by the Bridge Loan Amendment, the “Bridge Loan Agreement”), among DGH, as borrower, the Company, as parent guarantor, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, pursuant to which the parties thereto agreed, among other things, to extend the maturity of the bridge loan to the earlier of (x) June 30, 2027 and (y) the date that the Spin-Off (as defined in the Bridge Loan Agreement) occurs.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Warner Bros. Discovery, Inc. amended Non-Investment Grade Leveraged Bridge Loan Agreement with JPMorgan Chase Bank, N.A. valued at Extended maturity to the earlier of June 30, 2027 and the Spin-Off date (effective 2026-02-18).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A.
- Value
- Extended maturity to the earlier of June 30, 2027 and the Spin-Off date
- Effective
- 2026-02-18
Exact text from the filing
Bridge Loan Amendment On February 18, 2026, Discovery Global Holdings, Inc. (formerly known as WarnerMedia Holdings, Inc.) (“DGH”), a wholly-owned subsidiary of Warner Bros. Discovery, Inc. (the “Company”), entered into Amendment No. 1 (“Bridge Loan Amendment”) to that certain Non-Investment Grade Leveraged Bridge Loan Agreement, dated as of June 26, 2025 (the “Existing Bridge Loan Agreement” and, as amended by the Bridge Loan Amendment, the “Bridge Loan Agreement”), among DGH, as borrower, the Company, as parent guarantor, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, pursuant to which the parties thereto agreed, among other things, to extend the maturity of the bridge loan to the earlier of (x) June 30, 2027 and (y) the date that the Spin-Off (as defined in the Bridge Loan Agreement) occurs.
View on SEC.gov