Fox Corporation has closed a public offering of senior notes totaling $7.45 billion in aggregate principal amount. The offering, which took place on November 13, 2026, included seven separate series of notes with varying interest rates and maturity dates ranging from 2029 to 2066.
The company issued $750 million in 5.625% senior notes due in 2029, $1.5 billion in 5.900% senior notes due in 2031, and $1.25 billion in 6.150% senior notes due in 2033. Additionally, Fox sold $1.75 billion in 6.400% senior notes due in 2036, $1 billion in 7.125% senior notes due in 2046, $1.5 billion in 7.150% senior notes due in 2056, and $650 million in 7.300% senior notes due in 2066.
Interest on the notes is payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2027. The notes were offered and sold pursuant to an Underwriting Agreement dated November 10, 2026, with Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC acting as underwriters.
Fox received net proceeds of approximately $8.32 billion after deducting underwriting discounts and estimated offering expenses. The company stated that it used these net proceeds, together with cash on hand, to repay all outstanding borrowings under its senior unsecured bridge facility. This bridge facility, in the aggregate principal amount of $8.4 billion, was entered into on November 6, 2026, to partially finance the company's acquisition of Roku, Inc.
