DBRS Rates Walt Disney’s $1.0 Billion Notes Issue “A”, Stable Trend

DBRS has today assigned a rating of “A” to The Walt Disney Company’s (Disney) $1.0 billion 4.5% Senior Notes due December 15, 2013. The trend is Stable.

DBRS expects Disney to use the proceeds from the debt issue to refinance existing debt, and for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Publishing & Media which can be found on our website under Methodologies.

This is a Corporate rating.