Institutional Investors Hungered for Blockbuster Comcast Bonds
Posted on 10/08/2018
As U.S. interest rates start to rise, institutional investors craved Comcast Corporation bonds. Philadelphia-based Comcast sold US$ 27 billion worth of unsecured bonds to finance its 30.6 billion GBP (US$ 39 billion) acquisition of Sky Plc, a FTSE 100 media giant. The notes are guaranteed on an unsecured and unsubordinated basis by Comcast Cable Communications, […]