Bond Factsheet
Bond Factsheet

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PARA 4.200% 19May2032 Corp (USD)

Paramount Global

Full Lot

Bid Price
77.293
Change in Bid Price
remove 8.214
Bid Yield (%)
9.507 %
Change in Bid Yield
2.135
Bid Volume
200,000
Ask Price
77.793
Change in Ask Price
remove 7.714
Ask Yield (%)
9.371 %
Change in Ask Yield
1.999
Ask Volume
200,000

Price as of 03 Oct 2026, 1:27am

Odd Lot

Bid Price
77.293
Change in Bid Price
remove 8.685
Bid Yield (%)
9.507 %
Change in Bid Yield
2.318
Bid Volume
100,000
Ask Price
77.793
Change in Ask Price
remove 8.185
Ask Yield (%)
9.371 %
Change in Ask Yield
2.182
Ask Volume
100,000

Price as of 03 Oct 2026, 1:27am

Created with Highcharts 10.3.3Yield (%)Chart context menuYield1 Sep3 Sep5 Sep7 Sep9 Sep11 Sep13 Sep15 Sep17 Sep19 Sep21 Sep23 Sep25 Sep27 Sep29 Sep1 Oct678910

Ask Yield to Worst

Bid Yield to Worst

Ask Yield to Maturity

Bid Yield to Maturity

Bond Feature(s)
Bond InformationParamount Global operates as a media company. The Company produces and distributes entertainment content through studios, networks, streaming services, live events, and merchandise. Paramount Global serves customers worldwide.

Bond Issuer

Paramount Global

Guarantor

Paramount Skydance Corp

Announcement Date

12 May 2020

Issue Date

19 May 2020

Maturity Date

19 May 2032

Years to Maturity / Next Call

5.630 / 5.384

Modified Duration

4.655 @ 02 Oct 2026

Issue / Reoffer Price

97.395

Issue / Reoffer Yield

4.483

Coupon Type

Fixed

Annual Coupon Rate

4.200

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

-

ISIN

US92556HAD98

CUSIP

92556HAD9

Bond Currency

USD

Total Issue Size

1,000,000,000

Min. Investment Quantity (Nominal)

USD 2,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

High Yield Corporate

Bond Sector

Consumer Discretionary

Bond Sub Sector

Media

Issuer Credit Rating (S&P/ Fitch)

***/ BB+

Bond Credit Rating (S&P/ Fitch)

***/ BB+

Shariah Compliant

No

Exchange Listed

Others

Bond Feature(s)
Issuer Call
At any time and from time to time on or after the respective Par Call Dates for the 2032 senior notes and the 2050 senior notes, the 2032 senior notes and the 2050 senior notes, respectively, may be redeemed in whole or in part, at a redemption price equal to 100% of the principal amount of the senior notes to be redeemed, plus accrued and unpaid interest on the senior notes to be redeemed, if any, to, but not including, the date of redemption. We will transmit notice of any such redemption at least 10 days, but not more than 45 days, before the date of redemption to each holder of the senior notes to be redeemed.

The term “Par Call Date” means, with respect to the 2032 senior notes, February 19, 2032, the date that is three months prior to the maturity of the 2032 senior notes and, with respect to the 2050 senior notes, November 19, 2049,the date that is six months prior to the maturity of the 2050 senior notes.
Make Whole Call
At any time and from time to time prior to the respective Par Call Dates, we may redeem some or all of the 2032 senior notes and/or the 2050 senior notes, as the case may be, at our option, on not less than 10 nor more than 45 days’ prior notice, at a redemption price equal to the sum of the principal amount, the relevant Make-Whole Amount, if any, described below and any accrued and unpaid interest, if any, to, but not including, the date of redemption. Holders of record on a record date that is on or prior to a redemption date will be entitled to receive interest due on the interest payment date.

The term “Par Call Date” means, with respect to the 2032 senior notes, February 19, 2032, the date that is three months prior to the maturity of the 2032 senior notes and, with respect to the 2050 senior notes, November 19, 2049,the date that is six months prior to the maturity of the 2050 senior notes.

The term “Make-Whole Amount” means the excess, if any, of (i) the aggregate present value as of the date of the redemption of the principal being redeemed and the amount of interest (exclusive of interest accrued to the date of redemption) that would have been payable to the applicable Par Call Date if redemption had not been made, determined by discounting, on a semi-annual basis, the remaining principal and interest at the respective Reinvestment Rate described below (determined on the third business day preceding the date fixed for redemption)from the dates on which the principal and interest would have been payable on the applicable Par Call Date, to the date of redemption, over (ii) the aggregate principal amount of such 2032 senior notes or 2050 senior notes, as the case may be.

The term “Reinvestment Rate” means (i) the arithmetic mean of the yields published in the most recent Statistical Release under the caption “U.S. Government Securities—Treasury Constant Maturities” for the maturity(rounded to the nearest month) corresponding to the remaining life to the applicable Par Call Date, as of the payment date of the principal being redeemed or paid (the “Treasury Yield”), plus (ii) 0.500%, in the case of the 2032 senior notes, or 0.500%, in the case of the 2050 senior notes.
Change Control Call
Purchase of Senior Notes upon a Change of Control Repurchase Event

Unless we have previously exercised our right to redeem all the senior notes of the applicable series as described under “—Optional Redemption” above, upon the occurrence of a Change of Control Repurchase Event (defined below) in respect of either series of the senior notes, we will make an off er to each holder of such series of senior notes, as to which the Change of Control Repurchase Event has occurred to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such holder’s senior notes pursuant to the off er described below (the “Change of Control Off er”) at a purchase price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, to, but not including, the date of purchase (the “Change of Control Price”).

“Change of Control” means the occurrence of any of the following:

(1) the direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of our properties or assets and those of our subsidiaries, taken as a whole, to any “person” (individually and as that term is used in Section 13(d)(3) and Section 14(d)(2) of the Exchange Act) other than us or one of our Affiliates;

(2) the first day on which a majority of the members of our board of directors are not Continuing Directors;

(3) the consummation of any transaction or series of related transactions (including, without limitation, any merger or consolidation) the result of which is that any “person” (individually and as that term is used in Section 13(d)(3) and Section 14(d)(2) of the Exchange Act), other than us, one of our subsidiaries or Redstone Family Members, becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of our Voting Stock, and following such transaction or transactions, Redstone Family Members beneficially own less than 50% of our Voting Stock, in each case, measured by voting power rather than number of shares; or

(4) the consummation of a so-called “going private/Rule 13e-3 Transaction” that results in any of the effects described in paragraph (a)(3)(ii) of Rule 13e-3 under the Exchange Act (or any successor provision) with respect to each class of our common stock, following which Redstone Family Members beneficially own, directly or indirectly, more than 50% of our Voting Stock, measured by voting power rather than number of shares.

“Change of Control Repurchase Event” means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

“Continuing Directors” means, as of any date of determination, any member of our board of directors who:

(1) was a member of such board of directors on the first date that any of the senior notes were issued; or

(2) was nominated for election or elected to our board of directors (i) with the approval of Redstone Family Members representing not less than 50% of our Voting Stock, measured by voting power rather than number of shares, or (ii) with the approval of a majority of the Continuing Directors who were members of our board at the time of such nomination or election.
Additional Note
ViacomCBS to Become "Paramount, on February 15, 2022.
Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

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