- Published at
- by finance.yahoo.com
negative
negative
Warner Bros. Cut to Junk by Moody’s After Split Plan
(Bloomberg) -- Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years after it sold one of the biggest high-grade bond deals on record.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNY Long Island Rail Service Resumes After Grand Central FireNYC Renters Brace for Price Hikes After Broker-Fee BanNYC Mayoral Candidates All Agree on Building More Housing. But Where?NJ’s Sherrill, Cia