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BORROWINGS (Tables)
3 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowings
The Company’s total borrowings consist of the following:
Interest rate at September 30, 2025Maturity at September 30, 2025As of
September 30, 2025
As of
June 30, 2025
(in millions)
News Corporation
2022 Term loan A(a)
5.771 %Mar 31, 2027$469 $475 
2022 Senior notes5.125 %Feb 15, 2032494 494 
2021 Senior notes3.875 %May 15, 2029993 993 
REA Group(b)
2024 REA credit facility — tranche 1(c)
5.08 %Sep 15, 2028— — 
Total borrowings1,956 1,962 
Less: current portion(d)
(25)(25)
Long-term borrowings
$1,931 $1,937 
(a)The Company entered into an interest rate swap derivative to fix the floating rate interest component of its Term A Loans at 2.083%. For the three months ended September 30, 2025, the Company was paying interest at an effective interest rate of 3.458%. See Note 8—Financial Instruments and Fair Value Measurements.
(b)Borrowings under this facility are incurred by REA Group and certain of its subsidiaries (REA Group and certain of its subsidiaries, the “REA Debt Group”), consolidated but non wholly-owned subsidiaries of News Corp, and are only guaranteed by the REA Debt Group and are non-recourse to News Corp.
(c)This facility was amended during the three months ended September 30, 2025 to reduce the total amount available under the facility to A$200 million. As of September 30, 2025, REA Group had total undrawn commitments of A$200 million available under this facility.
(d)The current portion of long term debt as of September 30, 2025 and June 30, 2025 relates to required principal repayments on the 2022 Term Loan A.