Disney enters new $5.25B 364-day and $4B five-year credit facilities, amends 2024 facility to exclude FuboTV

Walt Disney Co

New 364-day $5.25B unsecured credit facility replaces Feb 2025 facility; expires Feb 26, 2027 with option to extend to Feb 26, 2028.
New five-year $4B unsecured credit facility replaces March 2022 facility; expires Feb 27, 2031.
Both facilities support commercial paper borrowings and general corporate purposes; carry interest spreads from 0.625% to 1.000% based on public debt ratings.
Amendment to 2024 five-year credit agreement excludes FuboTV Inc. from representations, covenants, and events of default.
Covenant requires minimum ratio of Consolidated EBITDA to Consolidated Interest Expense of 3.00 to 1.00

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.