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 Paramount Skydance's credit rating in junk-status territory -- indicating that its 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.

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