October 3, 2017 / 8:36 PM / a year ago

Walt Disney sells C$1.25 billion of seven-year senior unsecured Maple notes

TORONTO (Reuters) - Walt Disney Co (DIS.N) sold C$1.25 billion of seven-year senior unsecured Maple notes, the company’s first issue in the Canadian-dollar denominated Maple bond market, Thomson Reuters IFR reported on Tuesday.

The signage at the main gate of The Walt Disney Co. is pictured in Burbank, California, May 7, 2012. REUTERS/Fred Prouser

The private placement deal, which was upsized from C$750 million, was sold at a spread of 81 basis points over the Government of Canada curve. Guidance had been set at a spread of 84 basis points plus or minus 3 basis points.

The deal carries a 2.758 percent coupon and matures on Oct. 7, 2024.

Reporting by Fergal Smith; Editing by Sandra Maler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below