Innovation Approved
Disney has signed a new 364-day revolving credit agreement with Citibank. The deal will give the Mickey Mouse company access to an estimated $5 billion in credit.
Just like some other big companies, Disney needs access to cash so that it can weather the storm of this coronavirus pandemic.
The credit agreement matures on April 9, 2021, but it can be extended for an additional year with Citibank’s consent.
Share on Facebook Tweet it Share on Facebook Tweet it
Share on Facebook Tweet it Email https://samadrobinson.com/microsoft-will-close-all-of-their-retail-stores/#T0lQLmpwZw== Microsoft has revealed that it will permanently close all of its retail stores…
Share on Facebook Tweet it Email https://samadrobinson.com/elon-musk-will-eat-a-happy-meal-on-tv-under-one-condition/#bnl0aW1lcy1lbG9 Share on Facebook Tweet it