Disney District Reassures Investors on Bonds in DeSantis Fight

The special district that encompasses Walt Disney Co.’s Florida resort assured investors their debt is going to be paid and said it’s exploring various options as the state legislature is poised to pass a bill that could dissolve the issuer.

The Reedy Creek Improvement District, where the Disney World theme park and resort are based, reminded bond holders that Florida has pledged to fulfill the terms of any agreement made with holders of district bonds and will not in any way “impair the rights and remedies” of holders, according to a filing posted Thursday to the Municipal Securities Rulemaking ...