Paramount Global owner National Amusements Inc. is getting a $125 million cash infusion that the Redstone family holding company says will help shore up its ownership of the entertainment firm.
The strategic preferred equity investment, from BDT & MSD Partners, will be used to pay down its debt and pay back loans that had been secured by shares of Paramount. BDT & MSD is a merchant bank that specializes in working with the owners and founders of businesses.
Source: Paramount Owner National Amusements Takes Outside Investment – The Hollywood Reporter