Comcast to Redeem $2.1B 2026 and $650M 2027 Bond Issues
Comcast Corporation plans to redeem all outstanding 3.15% Notes due March 1, 2026 and 5.350% Notes due November 15, 2027.
Rhea-AI Filing Summary
Comcast Corporation plans to redeem all outstanding 3.15% Notes due March 1, 2026 and 5.350% Notes due November 15, 2027. The company has notified The Bank of New York Mellon, as trustee, that it will pay the redemption price for the 2026 Notes, plus accrued and unpaid interest, on approximately $2.1 billion of principal, and similarly redeem approximately $650 million of the 2027 Notes in full.
The redemption date for both series will be January 15, 2026, so holders will receive principal and accrued interest before the original maturity dates. Comcast also stated that this report does not constitute the formal notice of redemption, which will be delivered separately under the governing indentures.
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Insights
Comcast is calling two bond issues early, returning principal and interest to noteholders.
On December 16, 2025, Comcast Corporation notified The Bank of New York Mellon, as trustee, that it will redeem in full two bond series: 3.15% Notes due March 1, 2026 and 5.350% Notes due November 15, 2027. The outstanding principal is approximately $2.1 billion for the 2026 Notes and $650 million for the 2027 Notes, with the redemption price for each series calculated under its indenture.
The redemption date for both series is set for January 15, 2026, ahead of their stated maturities, and holders will receive the redemption price plus accrued and unpaid interest up to that date. Comcast also clarifies that this report is not the formal notice of redemption, so bondholders should expect a separate official notice to outline the detailed mechanics under the governing indentures.
8-K Event Classification
FAQ
What did Comcast (CCZ) announce regarding its 2026 and 2027 notes?
How much of Comcast’s 3.15% notes due 2026 will be redeemed?
How much of Comcast’s 5.350% notes due 2027 will be redeemed?
When is the redemption date for Comcast’s 2026 and 2027 notes?
Does this report serve as the official notice of redemption for Comcast (CCZ) notes?
Who is the trustee for Comcast’s notes being redeemed?
What interest rates apply to the Comcast notes being redeemed?
AI-generated analysis. How Rhea-AI works. Not financial advice.