Walt Disney plans Canadian dollar seven-year notes offering

By Devika Patel

Knoxville, Tenn., March 26 – Walt Disney Co. will conduct a sale of notes due 2027 denominated in Canadian dollars, according to a 424B5 filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Merrill Lynch Canada Inc., HSBC Securities (Canada) Inc. and RBC Dominion Securities Inc. are the bookrunners.

Proceeds will be used for general corporate purposes, including debt repayment.

Walt Disney is a Burbank, Calif.-based entertainment and media company. The notes will be guaranteed by TWDC Enterprises 18 Corp.

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