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Market Chatter: Fox Launches Bond Sale to Repay Bridge Loan for Roku Takeover

Market Chatter: Fox Launches Bond Sale to Repay Bridge Loan for Roku Takeover

MT newswireMT newswire2026/11/10 14:15
10:15 AM EST, 11/10/2026 (MT Newswires) -- Fox (FOX) has started selling investment-grade bonds in as many as seven tranches to raise about $8 billion after completing its $22 billion purchase of Roku (ROKU), Bloomberg News reported Tuesday, citing an unnamed person with knowledge of the matter. The notes span maturities of three to 40 years, and the longest tenor is being marketed at a premium of about 2.25 percentage points above Treasuries, the news outlet quoted the person as saying. Morgan Stanley (MS) is leading the offering, with Citigroup (C), Deutsche Bank (DB), Goldman Sachs (GS) and JPMorgan (JPM) also taking part, while proceeds will repay an $8.4 billion bridge financing used for part of the deal's cash consideration, Bloomberg reported. Fox projects $400 million in yearly cost savings within two years of the takeover, according to the report. Fox, Roku, Morgan Stanley, Citigroup, Deutsche Bank, Goldman Sachs and JPMorgan did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed. Price: 59.80, Change: -0.71, Percent Change: -1.17
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