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&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 ...
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 ...
By Etan Vlessing Canada Bureau Chief 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 ...
S&P Global lowered Paramount Global‘s credit rating on Wednesday to junk status and warned that more downgrades would ... “The stable outlook reflects our expectation that leverage will decline to ...
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+,” ...
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