Comcast Corporation, a Pennsylvania corporation (the ?Company?) announced results of its previously announced cash tender offers to purchase any and all of its outstanding 2.350% Notes due 2027; 3.300% Notes due February 2027; 3.300% Notes due April 2027; 4.150% Notes due 2028; 3.150% Notes due 2028; 3.550% Notes due 2028; 5.100% Notes due 2029; 4.550% Notes due 2029; 4.250% Notes due 2030; 3.400% Notes due 2030 and 2.650% Notes due 2030 (together, the ?Company Notes?) (collectively, the ?Company Offers?). Comcast Cable Communications, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company (?Comcast Cable? and, together with the Company, the ?Issuers?) also announced the results of its previously announced separate cash tender offers to purchase any and all of its outstanding 8.500% Notes due 2027 and 7.125% Notes due 2028 (together, the ?Comcast Cable Notes?
and, together with the Company Notes, the ?Notes?) (the ?Comcast Cable Offers? and, together with the Company Offers, the ?Offers? and each, an ?Offer?).
The Issuers also announced that they are increasing the aggregate Total Consideration (as defined below) payable for the Notes they will accept for purchase in the Offers, excluding accrued but unpaid interest, from the previously announced amount of $3,750,000,000 to $4,140,000,000 (the ?Consideration Cap Amount?). The increased Consideration Cap Amount is sufficient to enable the Issuers to accept for purchase all 2.350% Notes due 2027 issued by the Company, 3.300% Notes due February 2027 issued by the Company, 3.300% Notes due April 2027 issued by the Company, 8.500% Notes due 2027 issued by Comcast Cable, 4.150% Notes due 2028 issued by the Company, 3.150% Notes due 2028 issued by the Company, 7.125% Notes due 2028 issued by Comcast Cable, 3.550% Notes due 2028 issued by the Company, 5.100% Notes due 2029 issued by the Company and 4.550% Notes due 2029 issued by the Company, in each case, that were validly tendered prior to or at the Expiration Date and not validly withdrawn (as well as all of the Notes of such series that were tendered pursuant to the Guaranteed Delivery Procedures). The Offers expired at 5:00 p.m. (Eastern time) on June 2, 2026 (the ?Expiration Date?).
The Guaranteed Delivery Date will be 5:00 p.m. (Eastern time) on June 4, 2026. The Settlement Date will be June 5, 2026. According to information provided by Global Bondholder Services Corporation, the Information and Tender Agent in connection with the Offers, $6,162,959,000 combined aggregate principal amount of Notes were validly tendered prior to or at the Expiration Date and not validly withdrawn.
In addition, $54,582,000 combined aggregate principal amount of Notes were tendered pursuant to the Guaranteed Delivery Procedures and remain subject to the Holders? performance of the delivery requirements under such procedures. The table below provides certain information about the Offers, including the aggregate principal amount of each series of Notes validly tendered and not validly withdrawn at or prior to the Expiration Date and the aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery delivered at or prior to the Expiration Date pursuant to the Tender Offer Documents.
In total, $4,105,408,000 aggregate principal amount of Notes have been accepted for purchase, excluding the Notes delivered pursuant to the Guaranteed Delivery Procedures. The Issuers? obligation to complete an Offer with respect to a particular series of Notes validly tendered is conditioned on the satisfaction of conditions described in the Offer to Purchase, including that the aggregate Total Consideration payable for all Notes purchased in the Offers not exceed the Consideration Cap Amount (after giving effect to the increase described above), and on the Consideration Cap Amount (after giving effect to the increase described above) being sufficient to pay the Total Consideration for all validly tendered and not validly withdrawn Notes of such series (after accounting for all validly tendered Notes that have a higher Acceptance Priority Level as specified in the table above) (the ?Consideration Cap Condition?).
The purchase of all the Notes validly tendered and not validly withdrawn in the Offers (including those anticipated to be tendered pursuant to the Guaranteed Delivery Procedures) would cause the Consideration Cap Condition to not be satisfied with respect to all Offers for the Notes. Accordingly, in accordance with the Consideration Cap Condition, (i) the Issuers have accepted for purchase all of the Notes with an Acceptance Priority Level in the table above of 1 through 10 (inclusive), in each case, that have been validly tendered and not validly withdrawn at or prior to the Expiration Date (and will accept all Notes of such series that are properly tendered pursuant to the Guaranteed Delivery Procedures), and (ii) the Issuers have not accepted for purchase any of the Notes with an Acceptance Priority Level in the table above of 11 through 13 (inclusive). Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes have been accepted by the Issuers for purchase in the Offers will receive the applicable Total Consideration specified in the table above for each $1,000 principal amount of such Notes in cash on the Settlement Date.
In addition to the applicable Total Consideration, Holders whose Notes have been accepted by the Issuers for purchase pursuant to an Offer will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date (the ?Accrued Coupon Payment?). Interest will cease to accrue on the Settlement Date for all Notes accepted for purchase in the Offers. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company (?DTC?) or its participants.



















