Fubo repurchases $140.2m of convertible notes
January 15, 2026
FuboTV has announced the repurchase of $140.2 million (€120.4m) aggregate principal amount of its outstanding 3.25 per cent Convertible Senior Notes due 2026.
Pursuant to the terms of the indenture governing the 2026 notes, Fubo reports that it repurchased the outstanding notes – due February 15th 2026 – at a repurchase price of 100 per cent of their principal amount, plus accrued and unpaid interest to, but not including, the repurchase date.
The repurchase follows last week’s receipt by Fubo of the proceeds from a $145 million term loan provided pursuant to a commitment letter entered into in connection with Fubo’s 2025 business combination with Hulu + Live TV. Fubo also announced last week zero repurchases of its Convertible Senior Notes due 2029 following the triggering of a notice to holders regarding their fundamental change repurchase right as a result of the business combination.
“Today’s repurchase, funded with the proceeds from our recent term loan, underscores Fubo’s continued proactive management of our capital structure,” said David Gandler, co-founder and CEO, Fubo. “We are also pleased to report that no shareholders were diluted as a result of this repurchase, as we have repaid the 2026 notes in cash using proceeds from the recent term loan. The remaining $4.5 million aggregate principal amount of 2026 Notes outstanding will be repaid in cash at maturity in February 2026. We believe these actions strengthen Fubo’s capital position and support our continued commitment to delivering an innovative consumer-first streaming company that provides value for shareholders and consumers alike.”
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