Oriental Land Co. Arranges $1.9 Billion Line of Credit to Assist Tokyo Disneyland with Extended Closure


Tokyo Disneyland and Tokyo DisneySea have both been closed since the end of February and in order to support the Resort during this extended closure, Oriental Land Co. has secured a ¥200 billion (approx $1.9 USD) line of credit with Mizuho Bank, Ltd., a large transaction bank.

According to NHK, there is not currently an existing issue with funds, but the credit line was secured to prepare for the prolonged financial impact that the closure could have.

As it stands now, approximately 20,000 part-time and 5,400 full time cast members are receiving a leave allowance.

The state of emergency in Tokyo is set to expire on May 31, 2020 as the Resort remains closed until further notice.

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