secwatch.observer — SEC 8-K summary
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Issuer:     Warner Bros. Discovery, Inc. (WBD)
CIK:        0001437107
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001437107-24-000113
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warner Bros. Discovery upsizes debt tender offer cap to $2.5B
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- Aggregate purchase price cap increased from $1.75B to $2.5B (excluding accrued interest).
- Tender offer covers 12 series of senior notes due 2024–2055 with fixed spreads up to 245 bps.
- Early tender deadline: May 22, 2024 at 5:00 PM ET; early tender premium of $30 per $1,000.
- Expiration date: June 7, 2024; settlement expected June 12, 2024, subject to financing condition.
- Lead dealer managers: Deutsche Bank, J.P. Morgan, MUFG; information agent: D.F. King & Co.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437107/000143710724000113/0001437107-24-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437107/000143710724000113/disca-20240514.htm
  HTML page:      https://secwatch.observer/filing/0001437107-24-000113

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