“Disney Enters Into New $5 Billion Credit Agreement”
April 15, 2020
“The company now has access to more than $13 billion in credit, should it be needed… In a filing Monday with the SEC, Disney said that it had signed a new 364-day revolving credit agreement with Citibank that would provide access to as much as $5 billion. The agreement, which matures on April 9, 2021, can be extended for an additional year with the lenders’ consent.
Disney last month entered into a separate 364-day, $5.25 billion credit agreement, and a $3 billion, five-year credit agreement, giving the company access to more than $13 billion in fresh credit, should it be needed. It also has a $4 billion credit facility which matures in 2023…”
https://www.hollywoodreporter.com/news/disney-enters-new-5-billion-credit-agreement-1290118