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Fitch Ratings Downgrades Walt Disney Co., Blames Park Closures, Media Ads Waning, Theatrical Disruption
Fitch Ratings has downgraded several categories of Disney evaluations, including the Long-Term Issuer Default Rating (IDR) assigned to The Walt Disney Company and its subsidiaries to ‘A-‘ from ‘A’.
At the same time, Fitch has downgraded the company’s Short-Term IDR and CP ratings to ‘F2’ from ‘F1’. In addition, Fitch…
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