---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-057958"
form_type: "8-K"
ticker: "DIS"
cik: "0001744489"
company_name: "Walt Disney Co"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:49:18.321430+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Disney enters $5.25B 364-day and $3B five-year credit facilities; replaces existing agreements

## Summary
- New $5.25B 364-day credit facility expires Feb 28, 2025, with option to extend to Feb 27, 2026.
- New $3B five-year credit facility expires March 1, 2029; both unsecured with TWDC Enterprises guarantee.
- Facilities replace prior $5.25B (2023) and $3B (2020) credit agreements; support commercial paper and corporate purposes.
- Interest rate spreads range from 0.625% to 1.000% for SOFR advances, based on Disney's public debt rating.
- Covenant requires minimum ratio of Consolidated EBITDA to Interest Expense of 3.00 to 1.00.

## SEC filing metadata
- accession: 0001193125-24-057958
- form_type: 8-K
- ticker: DIS
- cik: 0001744489
- company_name: Walt Disney Co
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744489/000119312524057958/0001193125-24-057958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744489/000119312524057958/d759203d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-057958
- JSON: https://secwatch.observer/filing/0001193125-24-057958.json
- Plain text: https://secwatch.observer/filing/0001193125-24-057958.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.