Fitch cuts Skydance’s debt rating as merger leverage hits 7.8x
Deadline’s Jill Goldsmith reports that Fitch downgraded Skydance’s credit rating, citing “significant execution and integration risks” and leverage of 7.8 times earnings after the $110 billion Paramount-Warner Bros. Discovery merger closed, following a similar S&P Global cut in late September.
Signal from deadline.com · Jill Goldsmith · read the original.
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