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 ...
Paramount's stock surged following reports that Sony is in talks with Apollo Global Management about joining a bid for the ...
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 ...
Fallen angels returned 1.61 % versus 1.51 % for the broad high yield market due to tighter spreads, which drove high price ...
Paramount Global's stock declines by 3.1% as Sony Group reportedly fails to make a bid for the entertainment company.
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 ...