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URL:  http://boards.fool.com/mousebucks-digging-deeper-into-debt-30539219.aspx

Subject:  MouseBucks - Digging Deeper Into Debt Date:  2/12/2013  8:04 PM
Author:  Fuskie Number:  48413 of 50402

Walt Disney Co. borrowed $800 million Tuesday, issuing its first batch of so-called floating-rate notes since 2007. Floating-rate notes are a type of debt that pay investors an interest rate that resets every quarter, and Disney was among a small club of companies able to sell theirs at rates below the London interbank offered rate, or Libor, since the financial crisis.

Floating-rate notes enable companies to sell bonds tied to a different benchmark than those linked to U.S. Treasurys, offering diversity for buyers wary of rising interest rates.

http://www.4-traders.com/THE-WALT-DISNEY-COMPANY-4842/news/D...

Fitch Ratings has assigned an 'A' rating to The Walt Disney Company's proposed offering of two-year unsecured floating rate notes. The Rating Outlook is Stable. Approximately $17.5 billion of debt was outstanding as of Dec. 29, 2012. A complete list of ratings is provi