Comcast Announces Redemption of $562.5 Million of 7.00% Senior Notes due September 2055

Published on Friday, 27 January 2012 16:12 Written by TradersHuddle Staff

PHILADELPHIA-( Business Wire )-

Comcast Corporation announced today that on February 27, 2012, it will redeem $562.5 million principal amount outstanding of the $1.125 billion aggregate principal amount outstanding of its 7.00% Senior Notes due September 15, 2055 (CUSIP No. 2003ON408) at a redemption price of $25.00 per Note (100.00% of the principal amount thereof), plus accrued but unpaid interest to, but excluding, the redemption date. The Notes are traded on the New York Stock Exchange under the symbol “CCW”. The Bank of New York Mellon Trust Company, N.A. is the trustee for the Notes.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is one of the world's leading media, entertainment and communications companies. Comcast is principally involved in the operation of cable systems through Comcast Cable Communications and in the development, production and distribution of entertainment, news, sports and other content for global audiences through NBCUniversal. Comcast Cable Communications is one of the nation's largest video, high-speed Internet and phone providers to residential and business customers. Comcast is the majority owner and manager of NBCUniversal, which owns and operates entertainment and news cable networks, the NBC and Telemundo broadcast networks, local television station groups, television production operations, a major motion picture company and theme parks.

Comcast CorporationInvestor Contacts:Marlene S. Dooner, 215-286-7392orJane B. Kearns, 215-286-4794orMichael A. Kelman, 215-286-3035