Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Fox Corp incurred revolving credit of $1.0 billion (which the Company may request to increase to $1.75 billion) with Citibank, N.A., as Administrative Agent, Deutsche Bank Securities Inc. and Goldman Sachs Bank USA, as Co-Syndication Agents, JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as Co-Documentation Agents at (1) the Base Rate ... plus the applicable margin for Base Rate advances, or (2) maturing June 14, 2028.
- Instrument
- revolving credit
- Principal
- $1.0 billion (which the Company may request to increase to $1.75 billion)
- Counterparty
- Citibank, N.A., as Administrative Agent, Deutsche Bank Securities Inc. and Goldman Sachs Bank USA, as Co-Syndication Agents, JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as Co-Documentation Agents
- Rate
- (1) the Base Rate ... plus the applicable margin for Base Rate advances, or (2)
- Maturity
- June 14, 2028
- Event
- incurrence
Exact text from the filing
The Revolving Credit Agreement consists of a $1.0 billion (which the Company may request to increase to $1.75 billion) five-year unsecured revolving credit facility
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Fox Corp terminated Credit Agreement, dated as of March 15, 2019 with the other parties party thereto (effective 2023-06-14).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- the other parties party thereto
- Effective
- 2023-06-14
Exact text from the filing
On June 14, 2023, the Company terminated the Existing Credit Agreement in connection with entry into the Revolving Credit Agreement.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Fox Corp entered into Revolving Credit Agreement with the initial lenders named therein, Citibank, N.A., as Administrative Agent, Deutsche Bank Securities Inc. and Goldman Sachs Bank USA, as Co-Syndication Agents, and JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as Co-Documentation Agents valued at $1.0 billion (which the Company may request to increase to $1.75 billion) (effective 2023-06-14).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the initial lenders named therein, Citibank, N.A., as Administrative Agent, Deutsche Bank Securities Inc. and Goldman Sachs Bank USA, as Co-Syndication Agents, and JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as Co-Documentation Agents
- Value
- $1.0 billion (which the Company may request to increase to $1.75 billion)
- Effective
- 2023-06-14
Exact text from the filing
On June 14, 2023, Fox Corporation (the “Company”) entered into a credit agreement (the “Revolving Credit Agreement”), among the Company, as Borrower, the initial lenders named therein (the “Lenders”), the initial issuing banks named therein, Citibank, N.A. (“Citibank”), as Administrative Agent, Deutsche Bank Securities Inc. (“Deutsche Bank”) and Goldman Sachs Bank USA (“Goldman Sachs”), as Co-Syndication Agents, and JPMorgan Chase Bank, N.A. (“JPM”) and Morgan Stanley Senior Funding, Inc. (“Morgan Stanley”), as Co-Documentation Agents.
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