The Walt Disney Company (NYSE:DIS) Files An 8-K Other Events

Item 8.01. Other Events.

On March1, 2017, The Walt Disney Company (the Company) entered
into a Terms Agreement with Citigroup Global Markets Inc. and
J.P. Morgan Securities LLC, as representatives of the
underwriters named therein, with respect to the offer and sale of
$400,000,000 aggregate principal amount of its Floating Rate
Notes Due 2020 (the 2020 Floating Rate Notes), $500,000,000
aggregate principal amount of its Floating Rate Notes Due 2022
(the 2022 Floating Rate Notes), $600,000,000 aggregate principal
amount of its 1.950% Notes Due 2020 (the 2020 Notes) and
$500,000,000 aggregate principal amount of its 2.450% Notes Due
2022 (the 2022 Notes and, together with the 2020 Floating Rate
Notes, the 2022 Floating Rate Notes and the 2020 Notes, the
Notes). The 2020 Floating Rate Notes were offered to the public
at 100.000% of par and proceeds to the Company with respect to
the 2020 Floating Rate Notes net of underwriting discounts and
commissions of 0.200%, before expenses, was 99.800% of par. The
2022 Floating Rate Notes were offered to the public at 100.000%
of par and proceeds to the Company with respect to the 2022
Floating Rate Notes net of underwriting discounts and commissions
of 0.350%, before expenses, was 99.650% of par. The 2020 Notes
were offered to the public at 99.974% of par and proceeds to the
Company with respect to the 2020 Notes net of underwriting
discounts and commissions of 0.200%, before expenses, was 99.774%
of par. The 2022 Notes were offered to the public at 99.832% of
par and proceeds to the Company with respect to the 2022 Notes
net of underwriting discounts and commissions of 0.350%, before
expenses, was 99.482% of par. The Notes were registered under the
Securities Act of 1933, as amended, to the shelf registration
statement on FormS-3 (File No.333-212597) of the Company. The
Notes are being issued to a Senior Debt Securities Indenture,
dated as of September24, 2001, between the Company and Wells
Fargo Bank, National Association, as trustee.

Item 9.01. Financial Statements and
Exhibits.

(d)Exhibits.

About The Walt Disney Company (NYSE:DIS)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. Under the Parks and Resorts segment, the Company’s Walt Disney Imagineering unit designs and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. It also develops and publishes games, primarily for mobile platforms, books, magazines and comic books. The Company distributes merchandise directly through retail, online and wholesale businesses. Its cable networks consist of ESPN, the Disney Channels and Freeform.

The Walt Disney Company (NYSE:DIS) Recent Trading Information

The Walt Disney Company (NYSE:DIS) closed its last trading session up +0.65 at 111.24 with 4,715,626 shares trading hands.