21st Century Fox America, Inc. engages in media and publishing activities. The company, through its subsidiaries, operates in various industry segments, including magazines and inserts, and newspapers and book publishing in the United States. 21st Century Fox America, Inc. was formerly known as News America Incorporated and changed its name to 21st Century Fox America, Inc. on November 5, 2013. The company was incorporated in 1984 and is based in New York, New York. 21st Century Fox America, Inc. is a subsidiary of Twenty-First Century Fox, Inc.
1211 Avenue Of The Americas
New York, NY 10036-8701
Founded in 1984
21St Century Fox America, Inc Terminates its Existing $2.0 Billion Revolving Credit Agreement
May 21 15
On May 21, 2015, 21st Century Fox America, Inc. terminated its existing $2.0 billion revolving credit agreement (prior credit agreement) and entered into a new credit agreement (new credit agreement), among 21CFA as borrower, Twenty-First Century Fox, Inc. as parent guarantor, the initial lenders named therein (lenders), the initial issuing banks named therein, JPMorgan Chase Bank, N.A. and Citibank, N.A. as co-administrative agents, JPMorgan Chase as designated agent and Bank of America, N.A. as syndication agent. The new credit agreement consists of a $1.4 billion five-year unsecured revolving credit facility with a sublimit of $250,000,000 available for the issuance of letters of credit. Under the new credit agreement, 21CFA may request an increase in the amount of the credit facility up to a maximum amount of $2.0 billion. The new credit agreement is available for the general corporate purposes of 21CFA, the company and the company's subsidiaries. The maturity date is May 21, 2020, however, 21CFA may request that the commitments be renewed, under certain circumstances as set out in the new credit agreement for up two additional one-year periods. Any advance by the lenders to 21CFA as part of a borrowing may be available, at 21CFA's option, at either (1) the base rate (as defined in the new credit agreement) which is a fluctuating rate equal to the sum of (a) the high of (i) JPMorgan Chase's prime rate, (ii) the Federal Funds Rate plus 0.50% or (iii) one month LIBOR plus 1.00% plus (b) the applicable margin, or (2) at the Eurodollar Rate (as defined in the New Credit Agreement) which is a periodic fixed rate equal to LIBOR plus the applicable margin. 21CFA may erminate, in whole or in part, the unused portion of the credit facility amount under the new credit agreement at any time during the term of the new credit agreement. Once terminated, a commitment may not be reinstated.
21st Century Fox America Inc. Extends Expiration Date of $1.2 Billion Senior Note Exchange Offer
Jan 8 15
21st Century Fox America Inc. extended the expiration date of its $1.2 billion senior note exchange offer to Jan. 21 from Jan. 6. The company is offering to exchange up to $600.0 million of its registered 3.700% senior notes due 2024 and $600.0 million of its registered 4.750% senior notes due 2044 for like principal amounts of privately placed notes. As of Jan. 6, about $595.9 million of the 2024 notes and $599.8 million of the 2044 notes had been tendered in the offer. The Bank of New York Mellon is serving as the exchange agent for the offer.
21st Century Fox America Prices Issuance of $1.2 Billion of New Debt
Sep 15 14
21st Century Fox America announced that the pricing of an issuance of $600 million of 3.700% Senior Notes due 2024 and $600 million of 4.750% Senior Notes due 2044.