Company: WBD
Filing Date: 2025-02-27
Form Type: S-3ASR
Source: 0001193125-25-039203
Chunk: 10

Company: Warner Bros. Discovery, Inc.
Filing Date: 2025-02-27
Form: S-3ASR
Chunk 10
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ure”) between Scripps and U.S. Bank, as successor in interest to U.S. Bank National Association, as senior trustee. WBD may issue senior debt securities from time to time, in one or
more series, under a senior indenture to be entered into between WBD and a trustee to be named in a prospectus supplement. The WMH senior indenture, the DCL senior indenture, the Scripps senior indenture and the form of senior indenture for WBD are
filed as exhibits to this registration statement. Each issuer may issue subordinated debt securities from time to time, in one or more series, under a subordinated indenture between the applicable issuer and a subordinated trustee to be named in a
prospectus supplement. The forms of subordinated indenture for each issuer are filed as exhibits to this registration statement. If WBD, WMH, DCL and/or Scripps guarantees the senior debt securities or subordinated debt securities issued by any of
the other issuers, that guarantor will also become a party to the issuer’s senior indenture or subordinated indenture, as applicable. The WMH senior indenture, the DCL senior indenture, the Scripps senior indenture and the forms of senior
indenture for WBD are collectively referred to as the senior indentures. The senior indentures and the subordinated indentures are each referred to individually as an indenture and collectively as the indentures and, together, the senior trustees
and the subordinated trustees are referred to as the debt trustees. This prospectus briefly outlines some of the provisions of the indentures. The following summary of the material provisions of the indentures is qualified in its entirety by the
provisions of the indentures, including definitions of certain terms used in the indentures. Wherever we refer to particular sections or defined terms of the indentures, those sections or defined terms are incorporated by reference in this
prospectus or the applicable prospectus supplement. You should review the indentures that are filed as exhibits to the registration statement of which this prospectus forms a part for additional information.

None of the indentures will limit the amount of debt securities that may be issued by any of the issuers. The applicable indenture will
provide that debt securities may be issued up to an aggregate principal amount authorized from time to time by such issuer and may be payable in any currency or currency unit designated by such issuer or in amounts determined by reference to an
index.

General

The