Home TECHNOLOGY Twenty-First Century Fox Inc (NASDAQ:FOXA) planning $1 billion debt offering

Twenty-First Century Fox Inc (NASDAQ:FOXA) planning $1 billion debt offering

0
0

Twenty-First Century Fox Inc (NASDAQ:FOXA) is planning for a $1 billion debt offering which will subject to raise general corporate purposes funds; it could include refinancing of debt.

The New-York based company, which was a part of Rupert Murdoch’s News Corp. and split this year quoted that the price of 4% senior notes due 2023 is $300 million and 5.4% of the senior notes due 2043 is $700 million. New America Inc., a Twenty-First Century Fox Inc subsidiary issued these notes  Twenty-First Century Fox Inc. quoted that gross proceeds $994.4 million will be received from the offering, whose close date is expected to be September 30.

 About Twenty-First Century Fox

Twenty-First Century Fox includes a portfolio of cable, film, broadcast, pay television and satellite assets which span six continents throughout the globe. FOXA is a home for a global portfolio of cable and broadcasting networks, it includes FOX, FS1, FXX, Fox Business Networks, Fox News Channels, Fox Sports Channel, Fox Pan American Sports, National Geographic Channels, STAR, MundoFox, and also 28 Local television stations; television production studios Twentieth Century Fox Television and film studio Twentieth Century Fox Film and Shine Group. Also content is provided to millions of subscribers of Asia and Europe by its Pay-television services, it includes Sky Italia, Sky Deutschland and also its equity interests are in Tata Sky and BSkyB.

  The Cable Network Programming of the Company includes Big Ten Network, Fox Networks, Fox Business Network, Big Ten Network, Fox News Channel, Fox Deportes, Fox International Channels, Fox Sports Networks, Fox Sports 1, FX Networks and Productions, National Geographic Channels, MundoFox, YES Network and STAR India. Fox Networks is a Fox Networks Group (FNG) unit and it includes 43 domestic programming services in wich Fox Network Group is holding interests.

Filmed Entertainment business of the company includes Twentieth Century Fox Television, Twentieth Century Fox, Fox 21, Fox 2000, Fox Home Entertainment, Fox Animation/Blue Sky Studios, Fox Searchlight Pictures, Fox Television Studios, Fox International Productions and Shine Group.