Comcast Corporation -- Moody's assigns A3 ratings to Comcast Corporation's new notes

New York, July 12, 2016 -- Moody's Investors Service assigned an A3 rating to Comcast Corporation's ("Comcast" -- A3 senior unsecured, stable outlook) new bond offering of benchmark size. Proceeds from the bonds issuance will be used for funding of the company's recently announced acquisition of DreamWorks Animation SKG, Inc. (Ba3 CFR -- on review for upgrade) and for working capital needs and general corporate purposes. The bonds will be issued by Comcast, the ultimate parent, and will rank equally with all other unsecured and unsubordinated indebtedness of the company. The bonds will be guaranteed by the Cable Guarantors (cable holding company subsidiaries) and NBCUniversal Media, LLC.

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