Warner Bros. Discovery (WBD) faces a delay in the inclusion of $14.3 billion in bonds in the ICE BofA High Yield Index, Reuters reported Monday, citing a Bank of America Global Research report.

ICE Data Indices, owned by Intercontinental Exchange (ICE), will postpone adding Warner Bros. Discovery's recently downgraded bonds to the index, which tracks US junk-rated corporate debt, until at least August, Reuters reported.

The delay follows a debt buyback by Warner Bros. earlier this month and comes as ICE reevaluates its inclusion criteria, Reuters reported.

Warner Bros. didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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