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Paramount Global Intends to Redeem $125.6 Million of 2025 Notes
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Paramount Global Intends to Redeem $125.6 Million of 2025 Notes
Dec 17, 2024 2:17 PM

04:45 PM EST, 12/17/2024 (MT Newswires) -- Paramount Global ( PARAA ) 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.

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