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, […]

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