Disney eyes $1 bil in notes

Company could exercise option for additional $150 mil

HOLLYWOOD — Disney said Tuesday that it will make a public offering of $1 billion of senior convertible notes due in 2023, with proceeds marked for general corporate purposes.

The Mouse House also may exercise an option for an additional $150 million. The offering will draw from a previously filed shelf registration.

JP Morgan and Citigroup will jointly rep underwriters on the offering, with Credit Suisse First Boston aboard as a joint lead manager.

Mouse shares were off 44¢ at $17.30 Tuesday.

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