Netflix’s $59 Billion Loan for Warner Bros. Among Biggest Ever

Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned $72 billion acquisition of Warner Bros. Discovery Inc., which would make it one of the largest ever loans of its kind.

Wells Fargo & Co., BNP Paribas SA and HSBC Plc are providing the unsecured bridge loan, according to a statement and filing on Friday. Wells Fargo’s $29.5 billion portion of the loan commitment represents the biggest by a single bank for an investment-grade bridge facility at a time when Wall Street is looking to earn lucrative fees tied ...