Disney enters $5 billion credit agreement

Posted Monday, April 13, 2020 11:51 PM | Contributed by Jeff

Walt Disney Co. said on Monday it has entered an unsecured credit agreement for $5 billion, at a time when companies across industries are scrambling to bolster their liquidity to weather the fallout from the coronavirus crisis.

Jeff

Monday, April 13, 2020 11:56 PM

Pretty much everyone is trying to be as liquid as possible right now, even if they're doing OK. This isn't surprising.

Jeff - Editor - CoasterBuzz.com - My Blog

CreditWh0re

Tuesday, April 14, 2020 7:27 PM

$5B for a one year (possibly 2) rainy day fund is only available to the best companies.

Jeff

Tuesday, April 14, 2020 8:45 PM

Well I wouldn't expect an ice cream store to get that much.

Jeff - Editor - CoasterBuzz.com - My Blog

bigboy

Tuesday, April 14, 2020 10:57 PM

It’s a pretty stark contrast to what Six Flags was able to scrape together.

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