---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036080"
form_type: "8-K"
ticker: "NWSA"
cik: "0001564708"
company_name: "NEWS CORP"
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:37:31.465215+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# News Corp enters $1.5B credit facility, extends maturities to 2031, borrows additional $43.75M term loan

## Summary
- New $1.5B facilities: $1B revolver and $500M term loan A, both maturing March 27, 2031.
- Additional term loan of $43.75M borrowed at closing, bringing total term A to $500M.
- Leverage covenant: adjusted operating income net leverage ratio not to exceed 3.5:1.
- Replaces existing 2022 credit agreement; revolver has sublimit of $100M for letters of credit.

## SEC filing metadata
- accession: 0001104659-26-036080
- form_type: 8-K
- ticker: NWSA
- cik: 0001564708
- company_name: NEWS CORP
- filed_at: 2026-03-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1564708/000110465926036080/0001104659-26-036080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1564708/000110465926036080/tm269703d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036080
- JSON: https://secwatch.observer/filing/0001104659-26-036080.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036080.txt

## Source-grounded claims
- claim_id: d7067967f20665ec6057452fc70683607d41819c
  claim: NEWS CORP incurred credit facility of $1,500,000,000 with Bank of America, N.A., JPMorgan Chase Bank, N.A., Citibank, N.A., Morgan Stanley Bank, N.A., MUFG Bank, Ltd., Deutsche Bank AG New York Branch, Goldman Sachs Bank USA, HSBC Bank USA, National Association, Bank of China Limited, New York Branch, U.S. Bank, National Association, Australia and New Zeal at either (a) an Alternative Currency Term Rate formula, (b) a Term SOFR formula, ( maturing March 27, 2031.
  evidence_excerpt: The Credit Agreement provides for unsecured $1,500,000,000 credit facilities comprised of a $1,000,000,000 five year unsecured revolving credit facility (the “Revolving Facility”) and $500,000,000 five year unsecured term loan A credit facility (the “Term A Facility,” the loans under the Term A Facility are collectively referred to as “Term A Loans,” and the Term A Facility together with the Revolving Facility are referred to as, the “Facilities”) to the Company to refinance its existing credit agreement and for general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564708/000110465926036080/0001104659-26-036080-index.htm
- claim_id: 8f0727fdc492a6ab0785adb3f097aa9831daaf77
  claim: NEWS CORP entered into Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, and the lenders party thereto valued at unsecured $1,500,000,000 credit facilities comprised of a $1,000,000,000 five year unsecured revolvi (effective 2026-03-27).
  evidence_excerpt: On March 27, 2026, News Corporation (the “Company”) entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) among the Company, as administrative borrower, the lenders from time to time party thereto, Bank of America, N.A., as administrative agent, JPMorgan Chase Bank, N.A. and Citibank, N.A., as syndication agents, and the other parties thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1564708/000110465926036080/0001104659-26-036080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.