Davis Polk Advises Comcast Corporation on Its $4 Billion Notes Offering

Davis Polk advised Comcast Corporation on its $4 billion SEC-registered debt offering of 1.950% notes due 2031, 3.750% notes due 2040 and 2.800% notes due 2051. The 3.750% notes due 2040 were a reopening of the $800 million aggregate principal amount of 3.750% notes due 2040, previously issued on March 27, 2020. 

Comcast is a global media and technology company with three primary businesses, Comcast Cable, NBCUniversal and Sky. Comcast Cable is one of the nation’s largest providers of video, high-speed Internet, voice, wireless, and security and automation services to residential customers under the XFINITY brand, and also provides these and other services to business customers and sells advertising. NBCUniversal operates national and international cable networks that provide a variety of entertainment, news and information, and sports content, the NBC and Telemundo broadcast networks, filmed entertainment businesses and theme parks. Sky is a consumer entertainment company in Europe, providing entertainment and communication services to consumers primarily in the United Kingdom, Germany and Italy.

The Davis Polk corporate team included partner John B. Meade and associates Yoojin Nairn-Kim and Moses Farzan Nekou. The tax team included partner Patrick E. Sigmon and associate Ariel David Siman. All members of the Davis Polk team are based in the New York office.