Scott
Lv 7
Scott asked in Business & FinanceCredit · 1 month ago

Since The Corona Virus, how much money did Disney borrow and when is it due back?

2 Answers

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  • Anonymous
    1 month ago
    Favourite answer

    Walt Disney Co said on April it has entered an unsecured credit agreement for $5 billion with Citibank. 

    The company said in a filing for the credit agreement, which has terms similar to another one it entered on March 6, will mature on April 9, 2021, adding that the fund could be used for day to day operations.

    The agreement can be extended for 2022 at the time of maturity if the lenders agree, it said.

    https://www.reuters.com/article/us-disney-loan-idU...

    In related news, Disney has pledged today to donate $5 million to support nonprofit organizations that advance social justice, beginning with a $2 million donation to the NAACP.

    https://www.goodmorningamerica.com/amp/news/story/...

    • Scott
      Lv 7
      1 month agoReport

      thank you

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  • Anonymous
    1 month ago

    Who the hell cares? 

    • Scott
      Lv 7
      4 weeks agoReport

      obviously I do

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