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S&P changes Viacom's financial risk profile assessment

S&P Global Ratings on Jan. 23 changed its financial risk profile assessment of Viacom Inc. to significant from intermediate.

However, the ratings, including the BBB- corporate credit rating, and negative outlook on the company were not changed.

The revised financial risk profile assessment reflects the rating agency's expectation that without additional measures Viacom's adjusted leverage will remain above 3x.

S&P Global Ratings and S&P Global Market Intelligence are owned by S&P Global Inc.