As part of its ratings update, S&P issued a “stable outlook” for Paramount Global, which “reflects our expectation that leverage will decline to around 4.0X in 2024 with FOCF/debt improving ...
Citing a drop in “sustainable” cash flow, Fitch Ratings downgraded 1633 Broadway’s mortgage along with loans for an office ...
In a surprise move, Sony Pictures is in talks to join Apollo in a joint bid to purchase Paramount Global. It sometimes seems as if the film production company landscape is one big merger, and the ...
Just a few months ago, life as a Paramount Global bondholder was pretty good. Most Read from BloombergIsrael Versus Iran — ...
Fatima Attarwala is a business news writer and editor with a decade of experience researching, analyzing, and commenting on issues influencing the economy. PATRICK T. FALLON / AFP / Getty Images ...
Fallen angels returned 1.61 % versus 1.51 % for the broad high yield market due to tighter spreads, which drove high price ...
Bob Bakish may be out at Paramount Global even before any sale or merger deal for the media company is completed.
Paramount Global's stock declines by 3.1% as Sony Group reportedly fails to make a bid for the entertainment company.
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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 ...