Loan & DebtJun 3, 2026, 08:47 AM
Comcast Upsizes Debt Tender Offer to $4.14B; Accepts $4.11B Notes
AI Summary
Comcast Corporation and Comcast Cable Communications, LLC announced the results of their cash tender offers for certain outstanding senior debt securities. The companies increased the aggregate Total Consideration payable from $3.75 billion to $4.14 billion. They accepted $4.11 billion in aggregate principal amount of Notes for purchase, including all Notes with Acceptance Priority Levels 1 through 10, while not accepting Notes with lower priority levels.
Key Highlights
- Comcast increased the aggregate Total Consideration for its debt tender offers from $3,750,000,000 to $4,140,000,000.
- A combined aggregate principal amount of $6,162,959,000 in Notes was validly tendered.
- The Issuers accepted $4,105,408,000 aggregate principal amount of Notes for purchase.
- Notes with Acceptance Priority Levels 1 through 10 were accepted for purchase.
- Notes with Acceptance Priority Levels 11 through 13 (due 2030) were not accepted.
- The Offers expired on June 2, 2026, with a Settlement Date of June 5, 2026.
Price Impact
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