Comcast Done with Liberty Floating Notes

Author:
Publish date:

Comcast Corp. announced Wednesday that its public offering of $2.5 billion of
Liberty Media Corp. three-year floating-rate notes has ended.

The MSO also said it completed the sale to Liberty of an additional $500
million of the notes.

Comcast received approximately $4 billion of the notes as part of the
purchase-price consideration in its recent sale of its ownership interest in QVC
Inc. to Liberty.

The company still owns $1 billion of the floating-rate notes and
approximately 217.7 million shares of Liberty's series-A common stock received
in the QVC deal.

Related