Fox Corporation's $1.2 Billion Senior Notes Offering: Key Insights from Form 8-K

Here are the key insights and information extracted from the financial report section you provided:

Overview

• Company Name: Fox Corporation
• Report Type: Form 8-K
• Filing Date: April 7, 2020
• SEC File Number: 001-38776
• IRS Employer Identification Number: 83-1825597
• State of Incorporation: Delaware
• Address: 1211 Avenue of the Americas, New York, New York 10036
• Contact Number: (212) 852-7000

Financial Transaction

• Event Date: April 7, 2020
• Description of Event: Closing of a public offering of senior notes.
• Total Amount Raised: $1,200,000,000
• 3.050% Senior Notes due 2025: $600,000,000
• 3.500% Senior Notes due 2030: $600,000,000
• Interest Payment Dates:
• 2025 Notes: Payable semi-annually on April 7 and October 7, starting October 7, 2020.
• 2030 Notes: Payable semi-annually on April 8 and October 8, starting October 8, 2020.

Notes Characteristics

• Maturity Dates:
• 2025 Notes: Mature on April 7, 2025.
• 2030 Notes: Mature on April 8, 2030.
• Redemption Options:
• The company can redeem the notes at certain prices and dates specified in the indenture.
• Change of control provisions require the company to repurchase the notes at 101% of principal plus accrued interest under specific conditions.

Indenture

• Indenture Date: January 25, 2019
• Trustee: The Bank of New York Mellon
• Nature of Notes: Senior unsecured obligations, with certain guarantees from subsidiaries under specified conditions.
• Negative Covenants: The indenture includes customary events of default and limitations on secured debt.

Exhibits

• The forms of the senior notes issued (2025 and 2030) are included as Exhibits 4.1 and 4.2, respectively.
• The indenture is filed as Exhibit 4.3.

Signatory

• Name: Viet D. Dinh
• Title: Chief Legal and Policy Officer
• Date of Signature: April 7, 2020

This summary captures the most important financial details and corporate actions taken by Fox Corporation as reported in the Form 8-K.