Paramount Global (PARA) said late Tuesday it plans to redeem all of its remaining outstanding 4.75% senior notes due May 15, 2025, later this month on Dec. 27.
The redemption price is 100% of the principal amount of the notes outstanding, which, the company said, is valued at about $125.6 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments