The debt offering comes one week after Disney closed its domestic theme parks, and suspended production of many live-action films, resulting in financial loss.
The Walt Disney Company has raised nearly $6bn in a new debt offering, according to filings with the US Securities and Exchange Commission.
In the filings, Disney said that the company expects “to use the net proceeds from the sale of the notes for general corporate purposes, including the repayment of indebtedness.”
Disney also said that it expects the novel coronavirus to have a significant impact on its business in a number of ways “which should be considered in connection with an investment in the notes”.
Some analysts estimate Disney could lose $500m just from closing its parks through the end of March, and hundreds of millions more depending on how long the spread of the coronavirus persists.
