Warner Bros. Discovery Inc. boosted a loan sale for a second time, a move that will allow the media giant to fully replace $15 billion of short-term financing.
A JPMorgan Chase & Co.-led bank group increased the loan on Tuesday from about $10 billion, according to a person with knowledge of the matter. The offering was already bolstered last week amid strong demand for credit despite a volatile macro backdrop.
The dollar portionis expected to be between $12.5 billion and $13.75 billion, while the €1 billion ($1.16 billion) tranche may potentially reach €2 billion, said the person, ...