Core Points - Paramount Global announced the redemption of all remaining outstanding 4.750% senior notes due May 15, 2025, on December 27, 2024 [1][2] - The redemption price will include 100% of the principal amount, a make-whole amount, and accrued unpaid interest [2] - The total principal amount of the 4.750% senior notes outstanding is $125,561,000, which will all be redeemed [2] Company Overview - Paramount Global is a leading global media, streaming, and entertainment company, known for creating premium content and experiences [3] - The company's portfolio includes well-known brands such as CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV [3] - Paramount Global possesses one of the industry's most extensive libraries of TV and film titles and offers innovative streaming services and digital video products [3]
Paramount Global Announces Redemption of its 4.750% Senior Notes due May 2025