Netflix secured $59B in bridge financing from Wells Fargo, BNP Paribas, and HSBC for its WBD bid, one of the largest loans of its kind; Wells' share is $29.5B (Bloomberg)
Bloomberg:
Netflix secured $59B in bridge financing from Wells Fargo, BNP Paribas, and HSBC for its WBD bid, one of the largest loans of its kind; Wells’ share is $29.5B — Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned $72 billion acquisition …