21st Century Fox America, Inc., founded in 1985 and headquartered in New York City, is a prominent media and entertainment conglomerate dedicated to producing and distributing a wide array of content through various platforms. The company specializes in film and television production, broadcasting, and cable network programming, with a focus on delivering high-quality entertainment to audiences globally.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
21st Century Fox commenced its bond issuance in the late 1990s, leveraging the capital markets to support its expansive growth and acquisitions. Notably, in 2014, the company issued $1 billion in bonds to fund the acquisition of European broadcaster Sky plc. As of 2023, their bonds are yielding around 4.5%, which is competitive within the media industry, reflecting investor confidence despite market volatility. The company's bonds often feature call provisions, allowing them to redeem early under favorable conditions, which has proven advantageous in managing their debt profile amid shifting financial landscapes.