News Corp signs $1.5 billion unsecured credit facilities maturing March 27, 2031
News Corp entered into an amended and restated credit agreement providing $1.5 billion of unsecured facilities: a $1.0 billion five-year revolving facility and a $500 million five-year term loan A. The company said the facilities refinance its existing credit agreement and will fund general corporate purposes. The filing also says the company borrowed an additional $43.75 million of term loans on the same date, bringing total term loans to $500 million.
Key points
- Facilities total $1.5 billion, with all amounts due March 27, 2031, unless terminated earlier or extended under the agreement
- Company borrowed an additional $43,750,000 of Term A Loans on March 27, 2026
- Agreement requires an adjusted operating income net leverage ratio of not more than 3.5 to 1.0
- Revolving facility includes a $100 million letter of credit sublimit and allows increases of up to $250 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 27, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.