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Published on 10/29/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Moody’s rates Comcast notes A3

Moody’s Investors Service said it assigned an A3 rating to Comcast Corp.’s unsecured notes offering due 2030, 2039 and 2050.

Proceeds will be used to refinance upcoming maturities and repay a portion of the company’s term loans.

The bonds will rank equally with all other unsecured and unsubordinated debt of the company.

Comcast Cable Communications, LLC and NBCUniversal Media, LLC will guarantee the bonds.

The outlook is stable.


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