On March 27, 2026, News Corporation announced the execution of an Amended and Restated Credit Agreement, providing the company with $1.5 billion in unsecured credit facilities. This agreement includes a $1 billion revolving credit facility and a $500 million term loan A facility, aimed at refinancing existing debts and supporting general corporate purposes. The new credit facilities are structured to enhance liquidity and provide flexibility for future financial maneuvers. The agreement allows for a sublimit of $100 million for letters of credit and includes provisions for potential increases in borrowing capacity. The maturity date for the facilities is set for March 27, 2031, with specific amortization schedules for the term loans. The agreement also imposes certain covenants, including a requirement to maintain an adjusted operating income net leverage ratio not exceeding 3.5 to 1.0. This strategic move is expected to bolster News Corporation's financial position, allowing for better management of its capital structure and operational needs.

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