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.
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 ...
Paramount Global’s debt rating was cut to junk status by credit-rating agency S&P Global, which cited the media ...
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 ...
S&P Global has officially downgraded Paramount Global debt to junk status at BB+, from BBB-, or one level below investment grade. The credit rating agency made the move on “weak credit metrics ...
S&P Global lowered Paramount Global‘s credit rating on Wednesday to junk status and warned that more downgrades would be forthcoming unless the company “substantially improve[s] streaming ...