Netflix Boosts Bridge Loan for Warner Bros. Deal to $42 Billion

Netflix Inc. has lined up $8.2 billion of additional debt from a group of banks to help finance its amended, all-cash agreement to buy Warner Bros. Discovery Inc.’s studio and streaming business.

The company now has $42.2 billion of bridge loans in place, according to a filing Tuesday. They are a type of facility that is usually replaced with permanent debt like corporate bonds.