|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
|early redeemed||USA||**/**/****||2,000,000,000 USD||***/***/***|
|Guarantor||NBCUniversal Media, Comcast Cable Communications|
|Bond type||Coupon bonds|
|Placement method||Open subscription|
The Company intends to use the net proceeds of this offering, together with the net proceeds from loans under its Term Loan Facilities, to finance the Company’s purchase of Sky Shares from Sky shareholders who validly accept the Sky Offer, to settle a portion of its Market Purchases and to pay related fees and expenses. The Company has also made Market Purchases with cash on hand and the net proceeds from (i) the issuance of commercial paper, (ii) loans under its Term Loan Facilities and (iii) revolving loans drawn under its Revolving Credit Facility. The Company may use a portion of the net proceeds from this offering to repay commercial paper outstanding, to repay amounts drawn under its Revolving Credit Facility and/or to replenish a portion of its cash, in each case, that was previously used for Market Purchases. This offering of Notes, which will close prior to the First Sky Settlement Date, is not conditioned on the occurrence of the First Sky Settlement Date.
As of October 1, 2018, the Company had $3.0 billion of borrowings outstanding under the Comcast Corporation commercial paper program at a weighted average annual interest rate of approximately 2.46% and a weighted average remaining maturity of approximately 18 days, and the Company had $7.26 billion outstanding under its April Term Loan Credit Agreement (using the exchange rate as of October 1, 2018) at a weighted average interest rate of 1.66% and $1.5 billion outstanding under its Revolving Credit Facility at an interest rate of 5.25%.
As at the close of business in London on September 21, 2018, the Company had received valid acceptances of the Sky Offer in respect of Sky Shares representing approximately 0.22% of the issued ordinary share capital of Sky (based on the number of Sky Shares in issue on September 21, 2018). Market Purchases through September 26, 2018 and the purchase and settlement or acceptance of the Sky Offer in respect of the Fox Shares, will result in Comcast Bidco holding or having received acceptances in respect of over 75% in aggregate of Sky Shares in issue at the time.
|Par amount, integral multiple||1,000 USD|
|Nominal of international bonds||1,000 USD|
|Minimum settlement amount||2,000 USD|
|Outstanding principal amount||0 USD|
|Amount Outstanding||0 USD|
|Early redemption date||02/21/2020|
|Other tranches||Comcast, FRN 1oct2020, USD, Comcast, FRN 1oct2021, USD, Comcast, FRN 15apr2024, USD, Comcast, 3.3% 1oct2020, USD, Comcast, 3.7% 15apr2024, USD, Comcast, 3.95% 15oct2025, USD, Comcast, 4.15% 15oct2028, USD, Comcast, 4.25% 15oct2030, USD, Comcast, 4.6% 15oct2038, USD, Comcast, 4.7% 15oct2048, USD, Comcast, 4.95% 15oct2058, USD|
|Current coupon rate||3.45%|
|Day count fraction||***|
|Coupon frequency||2 time(s) per year|
|Interest accrual date||**/**/****|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|02/27/2020||*** / *** (*** / ***)||*** (***)||***||***||Archive|
|Supranational bond issues|
|ISIN / ISIN RegS||US20030NCQ25|
|CUSIP / CUSIP RegS||20030NCQ2|
|CFI / CFI RegS||DBFUGR|
|FIGI / FIGI RegS||BBG00M53R1C4|
|WKN / WKN RegS||A2RSTX|
|Ticker||CMCSA 3.45 10/01/21|
|Issuer rating on issue date (M/S&P/F)||***/***/***|
|Initial issue price (yield)||**.***% (*.**%)|
|Spread over US Treasuries, bp||**.**|
|Bookrunner:||Bank of America Merrill Lynch, Wells Fargo, Credit Suisse, Mitsubishi UFJ Financial Group, Mizuho Financial Group, SMBC Nikko Capital|
|Depository:||Clearstream Banking S.A., Euroclear Bank, DTCC|
|Trustee:||Bank of New York Mellon|