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Moody's assigns rating to Comcast's new bond offering


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Moody's assigns rating to Comcast's new bond offering

Moody'son July 12 assigned an A3 rating to Comcast Corp.'s new benchmark-size bond offering.

Thecompany intends use the proceeds to fund its planned acquisition of DreamWorks Animation SKG Inc., as well as for capitalrequirements and general corporate purposes.

Therating agency does not think the new bond offering will impact the company's A3senior unsecured long-term debt rating or the stable outlook.