Warner Bros. Bonds Cut to Junk by Moody's After Split Plan

By Yahoo! Finance   |   1 week ago
Warner Bros. Bonds Cut to Junk by Moody's After Split Plan

Moody's Ratings downgraded debt issued by Warner Bros. Discovery Inc. units, complicating discussions with bondholders post announcement of split. The downgrade reflects operating challenges and financial policy changes, prompting a need for refinancing and difficult decisions for investors.

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