News

Shearman & Sterling Advises Paramount Global on its $1 Billion Cash Tender Offers

Published Date

Nov 21, 2023

Authored by

Shearman & Sterling represented Paramount Global in connection with its offer to purchase for cash up to $1 billion aggregate purchase price of certain of its outstanding debt securities. The tender offers consisted of abbreviated tender offers for any and all of its 4.750% Senior Notes due 2025 and 3.450% Senior Notes due 2026 and a waterfall tender offer for its 4.00% Senior Notes due 2026, 2.90% Senior Notes due 2027 and 3.375% Senior Notes due 2028. The any and all offers and the waterfall tender offer commenced on November 2, 2023 and expired on November 9, 2023 and November 16, 2023, respectively.

Paramount Global is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide.

The Team

Content Disclaimer

This content was originally published by Shearman & Sterling before the A&O Shearman merger

Related capabilities

Technology Media Telecommunications

About the
authors

Lona Nallengara

Partner

New York

He also advises companies and financial institutions on all aspects of public and private offerings of equity, equity-linked, high y...

Ryan Robski

Partner

Toronto

He has extensive experience advising on public and private securities offerings for U.S., Canadian and international companies, includi...

Lorenz Haselberger

Partner

New York

He is a member of the Executive Committee of the New York State Bar Association Tax Section, Vice Chair of the Financial Institution...

Alexis Whitaker

Associate

Houston

Daniel Kachmar

Associate

New York

Daniel Kachmar is an associate in the Tax practice.