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Discovery Communications gets new loan, boosts revolver to fund Scripps buy

Craig BarnerbyCraig Barner
August 16, 2017
in Uncategorized
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US media company Discovery Communications has secured a new loan and is boosting its revolver so that it can fund part of the US$14.6bn acquisition of Scripps Networks Interactive. Discovery had announced the buy, which is to be funded with cash and stock, two weeks ago, with the company saying it would… US media company […]

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Tags: Allen & CompanyBank of America Merrill LynchDebevoise & PlimptonDiscovery CommunicationsEvercoreGoldman SachsGuggenheimJPMorgan ChaseKirkland and EllisNorth AmericaPremiumScripps Networks InteractiveWeil, Gotshal & Manges
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