Disney Kicks Off 2016 Company Debt With $3 Billion Issue
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Walt Disney Co., Ford Motor Co. and Deere & Co. inaugurated what is forecast to be the fifth straight year of more than $1 trillion of investment-grade corporate bond sales.
Disney, the world’s largest entertainment company, sold $3 billion of debt in five parts, according to data compiled by Bloomberg. Issues from the financing arms of Ford and Deere are among 10 deals announced Tuesday, the first investment-grade debt sales since Dec. 11, Bloomberg data show.