Comcast (NASDAQ: CMCSA) set to redeem $2.474B in 3.950% notes early

Rhea-AI Filing Summary

Comcast Corporation plans to redeem all of its outstanding 3.950% Notes due October 15, 2025. The company notified The Bank of New York Mellon that these Notes will be redeemed in full for approximately $2.474 billion, including accrued and unpaid interest, calculated under the governing indenture.

The redemption date for the 3.950% Notes will be September 22, 2025. This communication is described as a Regulation FD disclosure and explicitly states that it does not constitute the formal notice of redemption for the Notes.

Insights

Corporate debt structure analyst

Comcast is retiring $2.474B of 3.950% notes due in 2025.

Comcast Corporation has stated it will redeem all outstanding 3.950% Notes due October 15, 2025, paying approximately $2.474 billion including accrued and unpaid interest. The redemption price is to be calculated in line with the indenture terms.

This action retires a specific bond issue ahead of its stated maturity date, with the redemption occurring on September 22, 2025. The excerpt does not describe how the redemption will be funded or whether it is tied to a broader refinancing, so the direct effect on leverage and interest expense is not detailed here.

The disclosure is made under Regulation FD, indicating the company is providing this information broadly to the market. Subsequent company filings may give more context on Comcast’s overall debt profile and strategy after the notes are redeemed.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 22, 2025

Comcast Corporation

(Exact Name of Registrant as Specified in its Charter)

Pennsylvania

(State or Other Jurisdiction of Incorporation)

001-32871

27-0000798

(Commission File Number)

(IRS Employer Identification No.)

One Comcast Center

Philadelphia, PA

19103-2838

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (215) 286-1700

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Class A Common Stock, $0.01 par value

CMCSA

The Nasdaq Stock Market LLC

0.000% Notes due 2026

CMCS26

The Nasdaq Stock Market LLC

0.250% Notes due 2027

CMCS27

The Nasdaq Stock Market LLC

1.500% Notes due 2029

CMCS29

The Nasdaq Stock Market LLC

0.250% Notes due 2029

CMCS29A

The Nasdaq Stock Market LLC

0.750% Notes due 2032

CMCS32

The Nasdaq Stock Market LLC

3.250% Notes due 2032

CMCS32A

The Nasdaq Stock Market LLC

1.875% Notes due 2036

CMCS36

The Nasdaq Stock Market LLC

3.550% Notes due 2036

CMCS36A

The Nasdaq Stock Market LLC

1.250% Notes due 2040

CMCS40

The Nasdaq Stock Market LLC

5.250% Notes due 2040

CMCS40A

The Nasdaq Stock Market LLC

5.50% Notes due 2029

CCGBP29

New York Stock Exchange

2.0% Exchangeable Subordinated Debentures due 2029

CCZ

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 7.01. Regulation FD Disclosure.

On August 22, 2025, Comcast Corporation notified The Bank of New York Mellon, as trustee, that it will redeem all outstanding amounts of its 3.950% Notes due October 15, 2025 (the “Notes”) in full at the redemption price, calculated in accordance with the indenture governing such Notes, plus accrued and unpaid interest, of approximately $2.474 billion. The redemption date for the Notes will be September 22, 2025.

This Current Report on Form 8-K is not a notice of redemption for the Notes.

Item 9.01(d). Exhibits.

Exhibit Number

Description

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

COMCAST CORPORATION

Date:

August 22, 2025

By:

/s/ Elizabeth Wideman

Name:

Elizabeth Wideman

Title:

Senior Vice President, Senior Deputy General Counsel and Assistant Secretary

FAQ

What action is Comcast (CMCSA) taking regarding its 3.950% Notes due 2025?

Comcast plans to redeem all outstanding 3.950% Notes due October 15, 2025. The company has notified The Bank of New York Mellon that it will pay approximately $2.474 billion, including accrued and unpaid interest, in accordance with the indenture’s redemption terms.

What is the redemption date for Comcast’s 3.950% Notes due October 15, 2025?

The redemption date for Comcast’s 3.950% Notes due October 15, 2025 is September 22, 2025. On that date, the company intends to redeem the notes in full at the indenture-based redemption price plus accrued and unpaid interest, totaling about $2.474 billion.

How much will Comcast pay to redeem its 3.950% Notes due 2025?

Comcast expects the total redemption price for its 3.950% Notes due October 15, 2025 to be approximately $2.474 billion. This amount includes both the contractually calculated redemption price under the indenture and all accrued and unpaid interest on the notes through the redemption date.

Does the 8-K filing serve as the official notice of redemption for Comcast’s 3.950% Notes?

No, the 8-K filing explicitly states it is not a notice of redemption for the 3.950% Notes. It is a Regulation FD disclosure informing the market of Comcast’s intent to redeem the notes, while the formal notice will be provided separately under the indenture procedures.

Under which SEC item did Comcast disclose the planned note redemption?

Comcast disclosed the planned redemption of its 3.950% Notes due October 15, 2025 under Item 7.01, Regulation FD Disclosure. This item is used to share material information broadly with investors, separate from financial statements or other specific triggering events.