S&P on Wednesday said it expects Paramount Global’s free operating cash flow-to-debt will remain “well below” 10% through 2025, and that adjusted leverage (debt-to-equity ratio) will stay ...
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 “BB+,” ...
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 ...