(Dec 22): Netflix Inc has refinanced part of a US$59 billion (RM240.7 billion) bridge loan to support its potential acquisition of Warner Bros Discovery Inc. The streaming giant secured a US$5 billion revolving credit facility and two US$10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros bid, according to a filing on Monday. Netflix agreed to a deal in early December that values Warner Bros’ studio and streaming assets at US$82.7 billion. Warner Bros last week advised its shareholders to reject the Paramount bid in favour of its original agreement with Netflix. While Netflix has the support of Warner Bros’ board, it faces regulatory and political hurdles to get the acquisition over the line.

Source: The Edge Markets December 22, 2025 11:34 UTC