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Paramount credit downgraded to 'junk' status over debt worries

Paramount Skydance's jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase: Call it the deal-debt hangover. Two major ratings agencies have downgraded ...
Deadline.com

Paramount Global’s Near-Term Credit Outlook Is “Not Going To Change Just Because They’re Being Bought By Skydance,” S&P Analyst Says

Skydance‘s $8 billion deal to merge with Paramount Global has been characterized in some corners of the industry as a rescue mission. But one Wall Street media veteran thinks it’s premature to say the ...
Variety

Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says

S&P Global Ratings already has placed Paramount Skydance‘s credit rating in junk-status territory — indicating that the media conglomerate’s debt securities are considered speculative-grade. But if ...
Realscreen

Fitch puts Paramount on negative credit watch over WBD deal

U.S./UK credit rating agency Fitch Ratings has downgraded Paramount Skydance Corp. and Paramount Global’s long-term Issuer Default Ratings (IDRs) and has also downgraded Paramount’s senior unsecured ...
AOL

Paramount credit downgraded to 'junk' status over debt worries

Paramount executives acknowledged this week the new company would emerge with $79 billion in debt (Brian van der Brug / Los Angeles Times) Paramount Skydance's jubilation over its come-from-behind ...