News Corp's ratings unaffected by upsize of unsecured notes to $1 billion, outlook stable
Announcement: News Corp's ratings unaffected by upsize of unsecured notes to $1 billion, outlook stable. Global Credit Research- 09 Apr 2021. New York, April 09, 2021-- Moody's Investors Service, says News Corporation's ratings, including the Ba1 Corporate Family Rating, Ba1-PD Probability of Default rating, Ba2 Senior Unsecured Notes rating, and SGL-1 Speculative Grade Liquidity ratings are unaffected by the upsize of the unsecured notes to $1 billion, from $750 million.News is a media and information services company. The company comprises businesses across a range of media, including news and information services, subscription video services in Australia, book publishing and digital real estate services, that are distributed under brands, including The Wall Street Journal, Dow Jones, The Australian, Herald Sun, The Sun, The Times, HarperCollins Publishers, Foxtel, FOX SPORTS Australia, realestate.com.au, realtor.com?, talkSPORT and others. The company distributes its content to consumers across platforms consisting of print and television, as well as digital platforms including websites, applications for mobile devices and tablets, social media and e-book devices.
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