Earlier today Reuters reported that they had seen a term sheet which contemplates Walt Disney Co. (DIS) is seeking to raise C$750 million via the first issue of maple bonds for general corporate purposes. The Maple bond market allows foreign companies to sell Canadian dollar-denominated debt. Apple (AAPL) and McDonald’s (MCD) are two other Dow 30 components that have accessed bond issues in Canada recently.
To learn more and to track the progress of the aforementioned companies, please visit the Vista Partners Company Dedicated Pages of Apple (AAPL), Disney (DIS) & McDonald’s (MCD).
Walt Disney aims to raise at least C$750 mln in first maple bond issue
Walt Disney Co is seeking to raise at least C$750 million in its first issue of maple bonds, a term sheet seen by Reuters showed, becoming the latest large U.S. corporation to tap this market in recent months. The Maple bond market, in which foreign companies sell Canadian dollar-denominated debt..