Fox enters USD 1 billion term loan deal with Morgan Stanley-led lender group for Roku acquisition
Fox Corporation Class A FOXA | 0.00 | |
Morgan Stanley MS | 0.00 |
- Fox entered a term loan credit agreement on June 30, 2026 for a senior unsecured term loan facility of USD 1 billion.
- Proceeds will fund part of the cash consideration and related payments tied to its planned acquisition of Roku.
- Facility funding is contingent on closing the acquisition and other customary conditions; maturity is two years from funding.
- Interest is based on Base Rate or Term SOFR, with margins tied to Fox’s long-term senior unsecured debt ratings.
- Morgan Stanley is administrative agent; the syndicate includes Citigroup, Deutsche Bank, Goldman Sachs, JPMorgan.
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