Disney Offers New Round of Debt to Raise Cash

With theme parks closed and sales from parks at a standstill, Walt Disney (NYSE: DIS) has had it pretty tough during the COVID-19 pandemic.

The entertainment king, however, with its massive reach and broad range of revenue streams, has been hard at work making business decisions to stretch its cash and be prepared for sales to bounce back.

The company's latest attempt at staying solvent comes in the form of a new debt offering to raise more cash.

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Source Fool.com