Disney enters $5 billion credit agreement

Posted Monday, April 13, 2020 7:51 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.

Read more from Reuters.

Monday, April 13, 2020 7:56 PM
Jeff's avatar

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 - Music: The Modern Gen-X - Video

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Tuesday, April 14, 2020 3:27 PM

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

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Tuesday, April 14, 2020 4:45 PM
Jeff's avatar

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


Jeff - Editor - CoasterBuzz.com - My Blog - Music: The Modern Gen-X - Video

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Tuesday, April 14, 2020 6:57 PM

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


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