S&P rates Walt Disney Family Museum bonds A+

Standard & Poor's said it assigned its A+ rating to the California Infrastructure and Economic Development Bank's $58.6 million credit assessment, issued on behalf of the Walt Disney Family Museum LLC.

The agency said that the bonds are guaranteed by the Walt and Lilly Disney Foundation.

"The strength of the rating is based on the history of annual support and guaranteed pledge of debt payment by the Walt and Lilly Disney Foundation," said S&P credit analyst Jessica Matsumori.

"In addition, the museum poses little construction risk at this time, as the majority of its expenses have already been contracted and secured."

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