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Deal● Neutral for Indian equities
Paramount picked a bad time to fund a $110bn leveraged buyout
The brief
- Paramount sold $52bn in debt to fund a $110bn leveraged buyout
- The debt received an investment-grade rating, the lowest available
- Why BSE stock tanked 3.5% despite Nifty inclusion post index reshuffle - What lies ahead for investors?
- Goldman Sachs, BNP Paribas divest over 68 lakh BSE shares worth Rs 2,186 crore ahead of Nifty 50 inclusion
- Azad Engineering gains as Goldman Sachs backs the stock
- Goldman Sachs identifies 42 Indian stocks riding AI build-out
- Augment Infrastructure sells 7.25% stake in Clean Max for ₹1,096 crore