S&P Global says it plans to cut Paramount Skydance's credit rating from BB+ to BB after the WBD merger, indicating company debt securities are speculative grade (Todd Spangler/Variety)
Todd Spangler / Variety:
S&P Global says it plans to cut Paramount Skydance’s credit rating from BB+ to BB after the WBD merger, indicating company debt securities are speculative grade — S&P Global Ratings already has placed Paramount Skydance’s credit rating in junk-status territory — indicating …