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BORROWINGS (Tables)
9 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Borrowings
The Company’s total borrowings consist of the following:
Interest rate at March 31, 2026Maturity at March 31, 2026As of
March 31, 2026
As of
June 30, 2025
(in millions)
News Corporation
2026 Term loan A(a)
4.961 %Mar 27, 2031$499 $— 
2022 Term loan A(a)
N/AN/A— 475 
2022 Senior notes5.125 %Feb 15, 2032495 494 
2021 Senior notes3.875 %May 15, 2029994 993 
REA Group(b)
2024 REA credit facility — tranche 1(c)
5.76 %Sep 15, 2028— — 
Total borrowings1,988 1,962 
Less: current portion(d)
— (25)
Long-term borrowings
$1,988 $1,937 
(a)In March 2026, the Company entered into the 2026 Credit Agreement (as defined below). The Company has an interest rate swap derivative as discussed in Note 8—Financial Instruments and Fair Value Measurements. For the three months ended March 31, 2026, the Company was paying interest at an effective interest rate of 3.458%.
(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 nine months ended March 31, 2026 to reduce the total amount available under the facility to A$200 million. As of March 31, 2026, REA Group had total undrawn commitments of A$200 million available under this facility.
(d)The current portion of long term debt as of June 30, 2025 relates to required principal repayments on the 2022 Term Loan A.