08:59 AM EDT, 06/16/2025 (MT Newswires) -- Warner Bros. Discovery ( WBD ) said Monday that it has received the necessary approvals from holders of certain series of notes to adopt proposed amendments to the indentures governing those notes.
The move is part of the media giant's plan, reported on June 9, to split its operations into two separate publicly traded companies. As part of that process, the company made offers to buy back up to $14.6 billion of its outstanding notes and debentures, while also seeking consent to modify the terms of specific notes.
The consent solicitation expired on at 5 pm on June 13 and Warner Bros said it had received sufficient approvals to implement the proposed amendments.