secwatch.observer — SEC 8-K summary
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Issuer:     Walt Disney Co (DIS)
CIK:        0001744489
Form:       8-K
Filed at:   2026-03-03T23:59:59+00:00
Accession:  0001193125-26-088356
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744489/000119312526088356/0001193125-26-088356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744489/000119312526088356/d116769d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-088356

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