Loan & DebtJun 2, 2026, 04:28 PM
Comcast Announces Pricing for $3.75B Debt Tender Offers
AI Summary
Comcast Corporation and its subsidiary, Comcast Cable Communications, LLC, announced the pricing terms for their previously announced cash tender offers to purchase certain outstanding senior debt securities. The offers cover 13 series of notes, with an aggregate consideration cap of $3.75 billion. The offers are set to expire on June 2, 2026, with an expected settlement date of June 5, 2026.
Key Highlights
- Comcast and Comcast Cable announced pricing for cash tender offers for 13 series of senior debt securities.
- The aggregate consideration amount for all notes purchased will not exceed $3,750,000,000.
- Offers include 11 series of Comcast Corporation notes and 2 series of Comcast Cable notes.
- The offers expire on June 2, 2026, at 5:00 p.m. Eastern time.
- The expected settlement date for accepted notes is June 5, 2026.
- Holders will receive applicable Total Consideration plus accrued and unpaid interest.
- Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC are acting as dealer managers.
Price Impact
More from CMCSA