Comcast and NBCUniversal extend revolving termination dates to 2022

By Angela McDaniels

Tacoma, Wash., June 20 – Comcast Corp. amended its $7.61 billion revolving credit facility on Tuesday to extend the revolving termination date to May 26, 2022 from May 26, 2021, according to an 8-K filing with the Securities and Exchange Commission.

NBCUniversal Enterprise, Inc. made the same change to its $1.62 billion revolver.

Both companies made other changes to their respective credit agreements to amend various interest rate component definitions and to update provisions relating to the potential discontinuation of Libor as a benchmark rate.

Comcast is a media and technology company based in Philadelphia. New York-based NBCUniversal has activities in cable TV, broadcast TV, filmed entertainment and theme parks.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.