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 credit-ratings agency S&P Global just threatened to turn Paramount Mountain into Paramount Hillock. Standard & Poor’s cut Paramount Global’s credit rating for senior unsecured debt to a ...
Citing a drop in “sustainable” cash flow, Fitch Ratings downgraded 1633 Broadway’s mortgage along with loans for an office ...
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 ...
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 ...
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 ...