The Walt Disney Co. filed a registration statement Oct. 7 in connection with a $14.10 billion notes exchange offer.
The company is offering to exchange $371.0 million of 5.650% notes due 2020; $863.3 million of 4.500% notes due 2021; $921.8 million of 3.000% notes due 2022; $198.4 million of 8.875% notes due 2023; $284.8 million of 4.000% notes due 2023; $186.3 million of 7.750% notes due January 2024; $68.1 million of 7.750% notes due February 2024; $192.7 million of 9.500% notes due 2024; $577.3 million of 3.700% notes due 2024; $186.2 million of 8.500% notes due 2025; $592.3 million of 3.700% notes due 2025; $238.1 million of 7.700% notes due 2025; $229.5 million of 7.430% notes due 2026; $436.3 million of 3.375% notes due 2026; $194.1 million of 7.125% notes due 2028; $195.6 million of 7.300% notes due 2028; $195.1 million of 7.280% notes due 2028; $187.8 million of 7.625% notes due 2028; $342.3 million of 6.550% notes due 2033; $194.9 million of 8.450% notes due 2034; $984.2 million of 6.200% notes due 2034; $973.2 million of 6.400% notes due 2035; $239.8 million of 8.150% notes due 2036; $321.9 million of 6.150% notes due 2037; $1.23 billion of 6.650% notes due 2037; $141.2 million of 6.750% notes due 2038; $111.3 million of 7.850% notes due 2039; $236.4 million of 6.900% notes due 2039; $631.9 million of 6.150% notes due 2041; $683.8 million of 5.400% notes due 2043; $588.7 million of 4.750% notes due 2044; $399.3 million of 4.950% notes due 2045; $325 million of 7.750% notes due 2045; $399.9 million of 4.750% notes due 2046; $94 million of 7.900% notes due 2095 and $77.4 million of 8.250% notes due 2096.
Disney is offering to exchange these notes for like principal amounts of virtually identical registered notes, which will be guaranteed by TWDC Holdco 613 Corp.
The company will not receive any proceeds from the exchange offers, the expiration date of which was not disclosed.
