FuboTV (NYSE: FUBO) repurchases most 3.25% 2026 notes after Hulu TV merger
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
FuboTV Inc. reported the results of a tender offer for its 3.25% Convertible Senior Notes due 2026. Following the Hulu + Live TV business combination with Disney and Hulu, this transaction triggered a fundamental change repurchase right for noteholders.
By the January 13, 2026 expiration, holders had surrendered $140.2 million aggregate principal amount of the 2026 Notes for repurchase. FuboTV expects to repay the remaining $4.5 million aggregate principal amount of these notes at their scheduled maturity on February 15, 2026.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did FuboTV (FUBO) announce regarding its 3.25% Convertible Senior Notes due 2026?
FuboTV announced the completion of a tender offer tied to a fundamental change repurchase right on its 3.25% Convertible Senior Notes due 2026, following the business combination with Disney’s Hulu + Live TV business.
How much of FuboTV's 2026 convertible notes were repurchased?
As of the January 13, 2026 expiration time, holders had surrendered $140.2 million aggregate principal amount of FuboTV’s 3.25% Convertible Senior Notes due 2026 for repurchase.
How much of FuboTV's 2026 notes remain outstanding and what is the plan?
After the tender offer, $4.5 million aggregate principal amount of the 2026 Notes remain outstanding. FuboTV states it will repay these remaining notes at maturity on February 15, 2026.
What triggered the fundamental change repurchase right for FuboTV's 2026 notes?
The closing of the Business Combination, which combined FuboTV’s business with Disney’s Hulu + Live TV business under a Business Combination Agreement dated January 6, 2025, constituted a fundamental change under the indenture for the 2026 Notes.
Did FuboTV issue any additional communication about the 2026 notes repurchase?
Yes. On January 14, 2026, FuboTV issued a press release announcing the expiration of the tender offer and the repurchase of the 2026 Notes, which is attached as Exhibit 99.1 to the report.