New Issue: Comcast issues 2051, 2056 and 2063 notes in exchange

Chicago, Aug. 19 – Comcast Corp. issued three series of notes as the end result of an exchange offer, according to an 8-K filing with the Securities and Exchange Commission.

The notes are guaranteed on an unsecured and unsubordinated basis by Comcast Cable Communications, LLC and NBCUniversal Media, LLC.

The company issued $4,999,854,000 of 2.887% notes due Nov. 1, 2051. The series will have a make-whole redemption option at Treasuries plus 15 basis points until May 1, 2051, the par call date.

The middle tranche was issued as $5,999,998,000 of 2.937% notes due Nov. 1, 2056. The series has a make-whole redemption option at Treasuries plus 20 bps until the par call date on May 1, 2056.

And, Comcast issued $4 billion of 2.987% notes due Nov. 1, 2063. The notes are redeemable with a make-whole premium of Treasuries plus 20 bps until the par call date on May 1, 2063.

Dealer managers for the exchange were Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC.

Comcast is a media and technology company based in Philadelphia.

Issuer:	Comcast Corp.
Guarantors:	Comcast Cable Communications, LLC and NBCUniversal Media, LLC
Issue:	Notes
Amount:	$14,999,852,000
Dealer managers:	Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Wells Fargo Securities, LLC
Trustee:	Bank of New York Mellon
Settlement date:	Aug. 19
Distribution:	Exchange
2051 notes
Amount:	$4,999,854,000
Maturity:	Nov. 1, 2051
Coupon:	2.887%
Price:	Par
Yield:	2.887%
Call features:	Make-whole call at Treasuries plus 15 bps until May 1, 2051; thereafter at par
2056 notes
Amount:	$5,999,998,000
Maturity:	Nov. 1, 2056
Coupon:	2.937%
Price:	Par
Yield:	2.937%
Call features:	Make-whole call at Treasuries plus 20 bps until Nov. 1, 2056; thereafter at par
2063 notes
Amount:	$4 billion
Maturity:	Nov. 1, 2063
Coupon:	2.987%
Price:	Par
Yield:	2.987%
Call features:	Make-whole call at Treasuries plus 20 bps until May 1, 2063; thereafter at par

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