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 and when Paramount completes its megadeal for Warner Bros. Discovery, the credit-rating firm will take it down another notch. Currently S&P Global has a “BB+” issuer credit rating on […]

By Todd Spangler