Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating - S&P Global Ratings’ Credit Research

Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating

Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating - S&P Global Ratings’ Credit Research
Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating
Published Jan 08, 2013
Published Jan 08, 2013
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Abstract:

NEW YORK (Standard&Poor's) Jan. 8, 2013--Standard&Poor's Ratings Services today assigned its 'BBB+' issue-level rating to Philadelphia-based broadband cable TV operator and media and entertainment provider Comcast Corp.'s proposed senior notes issue of an unspecified amount, consisting of three maturities: 2023, 2033, and 2043. Existing ratings on the company, including the 'BBB+' long-term and 'A-2' short-term corporate credit ratings, remain unchanged. The long-term rating outlook is stable. We assume that pro forma for the new debt issuance, leverage will remain in the low- to mid-2x area. The ratings reflect Comcast's strong business position as the largest cable TV operator in the U.S., with 22 million video customers as of Sept. 30, 2012, and a cable operating cash

  
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating" Jan 08, 2013. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Comcast-s-Proposed-Senior-Notes-Issuance-Assigned-BBB-Rating-1060424>
  
APA:
S&P Global Ratings’ Credit Research. (). Comcast's Proposed Senior Notes Issuance Assigned 'BBB+' Rating Jan 08, 2013. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Comcast-s-Proposed-Senior-Notes-Issuance-Assigned-BBB-Rating-1060424>
  
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