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Skydance Credit Rating Cut By Fitch Citing Heavy Debt Load, Integration, Execution Risk

Deadline ·
Skydance Credit Rating Cut By Fitch Citing Heavy Debt Load, Integration, Execution Risk

Fitch cut its debt rating on the new Skydance citing “significant execution and integration risks” and higher leverage of a merged Paramount and Warner Bros. Discovery. The deal formally closed today. The downgrade Monda

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