trending Market Intelligence /marketintelligence/en/news-insights/trending/ub6ooceuka044we2v2p4gq2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Fitch revises Fox, unit to watch positive


COVID-19 Impact & Recovery: Media, Telecom and Technology Outlook for H2 2021


Climate Credit Analytics: Linking climate scenarios to financial impacts


What’s next in Cloud?

Fintech Intelligence Digital Newsletter: April 2021

Fitch revises Fox, unit to watch positive

Fitch Ratings on Dec. 12 said it revised its BBB+ long-term issuer default ratings on 21st Century Fox Inc. and unit 21st Century Fox America Inc. to Rating Watch Positive from Rating Watch Negative.

The rating agency attributed the revision to the ongoing exchange offers by Walt Disney Co. for any and all outstanding notes issued by 21st Century Fox America for up to $18.1 billion of new notes in connection with Disney's deal to acquire certain 21st Century Fox assets.

Fitch said approximately $19.3 billion of debt outstanding as of Sept. 30 is affected by its action.