Paramount Global's debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate's ongoing challenges with free cash flow generation relative to its debt.
The three-man office of the CEO offered a plan to sell the Paramount lot, slash headcount and maybe even sell Pluto TV.
Those of you who opened your eyes wide in response to reading that are not the only ones. So bad is the situation that Paramount's debt rating was very recently reduced to "junk" status by the ...
The terms of the new deal would provide Paramount ... to pay down debt, to put the combined company on firmer financial footing. The company’s significant debt load was recently downgraded ...
S&P Global lowered Paramount Global‘s credit rating on Wednesday to junk status and warned that ... expectation that leverage will decline to around 4.0x in 2024 with FOCF/debt improving to about 5% ...
More from Variety Paramount Global's Debt Rating Downgraded to Junk by S&P What's Next for Paramount? Shari Redstone Has a Preferred M&A Path What Could Happen If Paramount Global Is Sold ...
It's become so concerning that the three major credit rating agencies downgraded the U.S. federal government's long-term debt; the country now has a worse credit rating than Microsoft Corp ...
Moody's maintained ... Fitch, which downgraded its rating for France last year, left it unchanged at "AA-" with a stable outlook. The government has set a target of bringing debt below 3.0 percent ...
S&P Global Ratings downgraded Israel’s credit rating hours before U.S media quoted ... with the net general government debt peaking at 66% of GDP in 2026. “A wider regional conflict, which ...
Paramount Global’s debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media conglomerate’s ongoing challenges with free cash flow generation relative to its debt. S ...