Comcast Corporation’s $4.75 Billion Notes Offering

Davis Polk advised Comcast Corporation on its $4.75 billion SEC-registered debt offering of 2.650% notes due 2030, 3.250% notes due 2039 and 3.450% notes due 2050. Cahill represented the underwriters on the deal.

Comcast is a global media and technology company with three primary businesses, Comcast Cable, NBCUniversal and Sky. Comcast Cable is one of the nation’s largest providers of video, high-speed Internet, voice, wireless, and security and automation services to residential customers under the XFINITY brand, and also provides these and other services to business customers and sells advertising. NBCUniversal operates national and international cable networks that provide a variety of entertainment, news and information, sports content, the NBC and Telemundo broadcast networks, filmed entertainment businesses and theme parks. Sky is a consumer entertainment company in Europe, providing entertainment and communication services to consumers primarily in the United Kingdom, Germany and Italy.

Mizuho Securities USA LLC, Morgan Stanley & Co. LLC and SMBC Nikko Securities America, Inc. acted as representatives of the several underwriters.

The Davis Polk corporate team included partners Bruce K. Dallas (Picture) and John B. Meade and associates Yoojin L. Kim and Johnathan M. Nixon. The tax team included partners Rachel D. Kleinberg and Patrick E. Sigmon and associate Ariel David Siman.

The Cahill team was composed by William M. Hartnett, Michael W. Reddy, Anthony K. Tama, Davis B. Frank, Stephen G. Harper, Alex J. Kramer and Keith Marantz.

Involved fees earner: Davis Frank – Cahill Gordon & Reindel; Stephen Harper – Cahill Gordon & Reindel; William Hartnett – Cahill Gordon & Reindel; Alex Kramer – Cahill Gordon & Reindel; Keith Marantz – Cahill Gordon & Reindel; Michael Reddy – Cahill Gordon & Reindel; Anthony Tama – Cahill Gordon & Reindel; Bruce Dallas – Davis Polk & Wardwell; Yoojin Kim – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Johnathan Nixon – Davis Polk & Wardwell; Patrick Sigmon – Davis Polk & Wardwell; Ariel Siman – Davis Polk & Wardwell;

Law Firms: Cahill Gordon & Reindel; Davis Polk & Wardwell;

Clients: Comcast Corporation; Mizuho Securities; Morgan Stanley; SMBC Nikko Securities America;