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Disney Approved for Two Multi-Billion Dollar Loans Weeks Before New CEO Takes Over
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Disney Approved for Two Multi-Billion Dollar Loans Weeks Before New CEO Takes Over
The Walt Disney Company locked in nearly $10 billion in new credit agreements weeks before Josh D’Amaro becomes CEO on March 18, replacing Bob Iger and taking control of the entertainment corporation. Disney secured pre-approved borrowing capacity by replacing expired credit lines, some of which were established during the COVID-19 pandemic in 2020. Two Separate Credit Facilities Credit: Disney On Tuesday, Reuters reported that The Walt Disney C…
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