secwatch.observer — SEC 8-K summary
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Issuer:     Warner Bros. Discovery, Inc. (WBD)
CIK:        0001437107
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001437107-25-000159
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warner Bros. Discovery reports early tender results for notes; many series oversubscribed, proration to apply
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- Pool 1 Notes tendered exceeded $3.75B cap; proration expected for WMH 3.755% 2027 notes.
- Pool 2 Notes (€1.35B tendered) exceed €800M cap; both series subject to proration.
- Pool 3 Notes tendered exceeded $1B cap and $300M subcap for 3.950% 2028 notes; proration applies.
- Requisite consents obtained for indenture amendments; supplemental indentures effective immediately.
- Tender offers expire July 9, 2025; early tender premium of $50 per $1,000 for most series.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437107/000143710725000159/0001437107-25-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437107/000143710725000159/disca-20250624.htm
  HTML page:      https://secwatch.observer/filing/0001437107-25-000159

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