trending Market Intelligence /marketintelligence/en/news-insights/trending/FjZAljGCrWKfVu0yak5wdw2 content esgSubNav
In This List

Disney sells C$1.25B in notes

Blog

Global M&A By the Numbers: Q3 2021

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Podcast

Next in Tech | Episode 37: Customer experience investments pay dividends

Podcast

Next in Tech | Episode 36: Guy Kawasaki on Innovation


Disney sells C$1.25B in notes

Walt Disney Co. on Oct. 3 entered into an underwriting agreement with HSBC Securities (Canada) Inc., RBC Dominion Securities Inc. and TD Securities Inc., to offer and sell C$1.25 billion of its 2.758% notes due 2024.

The notes are being issued pursuant to a Sept. 24, 2001, indenture between the company and Wells Fargo Bank NA, as trustee. The notes, which will be the company's senior unsecured obligations, will rank pari passu with all of the company’s other unsecured and unsubordinated debt from time to time outstanding.

Disney plans to use the net proceeds for general corporate purposes, the company said in an Oct. 6 Form 8-K filing.