Shearman And Sterling

News March 29, 2022

Paramount Global’s $1 Billion Hybrid Notes Offering

Shearman & Sterling represented Paramount Global (formerly ViacomCBS Inc.) in connection with a $1 billion issue of Paramount Global’s 6.375% Fixed-to-Fixed Rate Junior Subordinated Debentures due 2062.

Paramount Global is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Paramount Global offers broadcast and cable television programming, innovative streaming services and digital video products, provides powerful capabilities in production, distribution and advertising solutions, and has one of the industry’s most extensive libraries of television and film titles. Paramount Global’s portfolio of iconic consumer brands includes Paramount+, Pluto TV, CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central and BET.

The Shearman & Sterling team below included associate's Jai Lakhani (New York-Capital Markets).

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