Moody’s reviews Comcast

Moody's Investors Service said it placed Comcast Corp.’s A3 long-term debt ratings on review for downgrade following the company's May 23 announcement that it is considering and is in advanced stages of preparing an all-cash offer for the same assets that 21st Century Fox America, Inc. (Baa1; on review for upgrade) entered an agreement to sell to Walt Disney Co. (A2; stable) on Dec. 14, 2017.

Comcast has said that the all-cash offer would be a premium to the value of the all-share offer from Disney.

Comcast's P-2 commercial paper rating is unchanged.

All other instruments ratings under Comcast and its subsidiaries were placed on review for downgrade.

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