06.10.2014 21:54:00
|
Walt Disney Company (The) -- Moody's says The Walt Disney Company's ratings (A2/Prime-1) will not be impacted by Euro Disney's announced recapitalization plans
New York, October 06, 2014 -- Moody's Investors Service said that The Walt Disney Company's ("Disney" or "the company") A2 senior unsecured debt rating, Prime-1 short term debt rating and stable outlook will not be affected by its proposed recapitalization plan for Euro Disney S.C.A. ("Euro Disney") and its subsidiaries. Euro Disney is a publicly traded French company in which Disney owns 40% equity interest. Disney manages and has a 51% effective ownership interest in Disney Paris, the operating subsidiary of Euro Disney.