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Comcast sells USD 27 billion of unsecured bonds to fund Sky deal

Thursday 4 October 2018 | 12:07 CET | News
US cable company Comcast has sold USD 27 billion of unsecured bonds to fund its USD 39 billion acquisition of European pay-TV group Sky, Bloomberg reports. Comcast was able to cut the costs of the sale as investors put in orders for around USD 88 billion of the debt. The bonds were sold in 12 parts, with the bond sale one of the largest in US corporate history. 

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Categories: Broadcast & Satellite / Internet
Companies: Comcast / Sky
Countries: Europe / United States
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