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Fitch downgrades Disney debt rating - close to junk status [Archive] - MousePad

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Darkbeer
08-26-2002, 12:47 PM
http://cbs.marketwatch.com/news/story.asp?guid=%7B6F3DC42C%2D72A0%2D4EC6%2D84F2%2D D967C9812B4B%7D&siteid=mktw



CHICAGO (CBS.MW) - Fitch Investor's Service downgraded Walt Disney Co.'s debt rating Monday, citing the company's heavy debt and uncertain prospects.

Fitch cut Disney's rating from "A-" to "BBB+" on $14 billion of debt. The rating is a few steps away from junk status.

merlinjones
08-26-2002, 02:49 PM
Tossed by waves, the Nautilus sinks into the ocean.

"When the world is truly ready for a new and brighter place, all these things may come to pass, in God's good time." - - Captain Nemo.

RStar
08-26-2002, 05:48 PM
That is a great visual, merlinjones. And a classy post. Thank you.

~Bob


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