Comcast Corp. plans to collect $4 billion from the sale of certain debt securities, according to an SEC filing.
The offering consists of $800 million in 3.100% notes due 2025, $800 million in 3.300% notes due 2027, $1.6 billion in 3.400% notes due 2030 and $800 million in 3.750% notes due 2040.
Comcast may redeem each series of notes at any time at the applicable redemption price. The notes will be Comcast's unsecured obligations and will rank equally with all of its and its guarantors' unsecured and unsubordinated debt.
The company will use the net proceeds for general corporate purposes.
BofA Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities LLC are acting as joint book-running managers for the offering.