21st Century Fox $850 million notes issue

Overview:

• 21st Century Fox has issued $850 million in notes.
• The Rule 144A offering was made up of $450 million 3.375% notes due 2026 and $400 million 4.75% notes due 2046.
• Initial purchasers included JPMorgan Securities, Merrill Lynch Pierce Fenner & Smith, Citigroup Global Markets, Deutsche Bank Securities, Goldman Sachs, and Morgan Stanley.
• Fox was represented by in-house counsel.
• Proceeds are expected to be used for general corporate purposes.

Kurt Stumpo - Journalist