Issuer Free Writing Prospectus
Dated November 10, 2026
Filed Pursuant to Rule 433
Registration Statement No. 333-298166
Pricing Term Sheet
FOX CORPORATION
5.625% Senior Notes due 2029 (the “2029 Notes”)
5.900% Senior Notes due 2031 (the “2031 Notes”)
6.150% Senior Notes due 2033 (the “2033 Notes”)
6.400% Senior Notes due 2036 (the “2036 Notes”)
7.125% Senior Notes due 2046 (the “2046 Notes”)
7.150% Senior Notes due 2056 (the “2056 Notes”)
7.300% Senior Notes due 2066 (the “2066 Notes”)
(collectively, the “Notes” and each, a “series” of Notes)
This Pricing Term Sheet, dated November 10, 2026, is qualified in its entirety by reference to the Preliminary Prospectus Supplement, dated November 10, 2026 (the “Preliminary Prospectus Supplement”). The information in this Pricing Term Sheet supplements the Preliminary Prospectus Supplement and supersedes the information in the Preliminary Prospectus Supplement to the extent it is inconsistent with the information in the Preliminary Prospectus Supplement. Other information (including financial information) presented in the Preliminary Prospectus Supplement is deemed to have changed to the extent affected by changes described herein. Capitalized terms used in this Pricing Term Sheet but not defined have the meanings given to them in the Preliminary Prospectus Supplement.
Terms Applicable to each series of Notes
| Issuer: | Fox Corporation (the “Issuer”) | |
| Change of Control Triggering Event: | Upon the occurrence of a Change of Control Triggering Event, other than with respect to any series of the Notes for which the Issuer has exercised its option to redeem all of the Notes of such series or has defeased or discharged the Notes of such series as described in the Indenture, the Issuer will be required to make an offer to purchase the Notes at a purchase price equal to 101% of the principal amount of the Notes, plus accrued and unpaid interest, if any, on the Notes repurchased to, but excluding, the date of repurchase. | |
| Optional Redemption Provisions: | Prior to the applicable Par Call Date (as defined below), the Issuer may redeem of any series of Notes at its option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on the applicable Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus: (i) 15 basis points, in the case of the 2029 Notes, (ii) 20 basis points, in the case of the 2031 Notes, (iii) 20 basis points, in the case of the 2033 Notes, (iv) 25 basis points, in the case of the 2036 Notes, (v) 30 basis points, in the case of the 2046 Notes, (vi) 30 basis points, in the case of the 2056 Notes, and (vii) 30 basis points, in the case of the 2066 Notes, less (b) interest accrued to the date of redemption; and (2) 100% of the principal amount of the Notes to be redeemed; plus, in either case, accrued and unpaid interest thereon to the redemption date. | |
-1-