Fox is selling about $8 billion in bonds to refinance its Roku acquisition debt

What happened: Fox is selling about $8 billion in bonds. Proceeds are slated to repay an $8.4 billion bridge loan that funded part of the cash paid to Roku stockholders. Key numbers: About $8 billion in bonds. $8.4 billion bridge loan. Why it matters: The bond sale refinances debt tied to the Roku acquisition, replacing the bridge loan that funded part of the cash paid to Roku stockholders.

Fox is selling about $8 billion in bonds. Proceeds are slated to repay an $8.4 billion bridge loan that funded part of the cash paid to Roku stockholders.

The bond sale refinances debt tied to the Roku acquisition, replacing the bridge loan that funded part of the cash paid to Roku stockholders.