Research Reports

Summary

The Walt Disney Company entered into an Underwriting Agreement on February 10, 2026, for the issuance of $4 billion in senior notes guaranteed by TWDC Enterprises 18 Corp., consisting of $500 million Floating Rate Notes due 2029, $1 billion 3.750% Notes due 2029, $1.5 billion 4.000% Notes due 2031, and $1 billion 4.625% Notes due 2036, under its 2019 Indenture with Citibank, N.A. as trustee.

Key takeaways

Entered Underwriting Agreement on February 10, 2026 with Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as representatives
Issuing $500M Floating Rate Notes due March 14, 2029 at 99.800% of principal
Issuing $1B 3.750% Notes due March 14, 2029 at 99.672% of principal
Issuing $1.5B 4.000% Notes due March 14, 2031 at 99.259% of principal
Issuing $1B 4.625% Notes due March 14, 2036 at 98.815% of principal
Closing scheduled for February 12, 2026; notes registered under Form S-3 (No. 333-289917)