Disney (DIS) sells $1.4B worth of bonds split into two tranches - a $1B tranche of notes due...


Disney (DIS) sells $1.4B worth of bonds split into two tranches - a $1B tranche of notes due 2017 (1.32% yield), and a $400M tranche of notes due 2022 (2.63% yield). Disney, which joins a long list of blue-chip names taking advantage of low rates to float debt, had total borrowings of $14.4B as of Dec. 31, to go with $3.8B in cash and equivalents.
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