Comcast Corporation announced the results of its cash tender offer for certain outstanding senior notes, increasing the maximum aggregate purchase price for the notes from $3.75 billion to $4.14 billion. The company will accept for purchase approximately $4.11 billion in aggregate principal amount of its and its subsidiary's senior debt securities.
Key Details
- Offer Upsize: The aggregate consideration cap for the tender offers was increased from a previously announced $3.75 billion to $4.14 billion.
- Tender Results: A combined aggregate principal amount of approximately $6.16 billion in notes was validly tendered by the expiration date of June 2, 2026. The company will accept all tendered notes with an acceptance priority level of 1 through 10.
- Settlement Date: The settlement for the accepted notes is scheduled for June 5, 2026, at which point holders will receive the total consideration plus accrued and unpaid interest.