Walt's Place is locking in the low rates while the locking is good.
... [I]t’s easy to see why Disney is joining the pack of companies looking to sell debt. The company says in a prospectus filed at the SEC that it expects to raise $1B from global notes that mature in 2014 and pay an annual interest rate of 0.875% ...
Now is the time to be refinancing the house, acquiring long-term debt, etc. Disney, Fox, Viacom and others understand this.
It's almost like getting free money.
The thoughts and observations of the leaders of The Animation Guild (TAG), Local 839 IATSE. Jason MacLeod is the Business Representative, KC Johnson is the President. Mike Sauer is Assistant to the Business Representative.
This weblog reflects their individual personal opinions and does not necessarily represent the official position of the Animation Guild.
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