Disney calls in $ 2 bil

Walt Disney Co. said it is that it will redeem on March 11 all $ 2 billion of its zero coupon convertible subordinated debentures due 2005 for $ 483.50 for each $ 1,000 in principal amount at maturity. The redemption payment will be about $ 1.03 billion.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety