Cahill Represents Underwriters in $5 Billion Notes Offerings for Comcast Corporation and Dealer Managers in Tender Offers for Comcast Corporation and Sky Limited
Date: 05/09/23
Cahill represented the underwriters in connection with concurrent public offerings of $1,000,000,000 aggregate principal amount of 4.550% notes due 2029, $1,000,000,000 aggregate principal amount of 4.800% notes due 2033, $1,600,000,000 aggregate principal amount of 5.350% notes due 2053 and $1,400,000,000 aggregate principal amount of 5.500% notes due 2064 by Comcast Corporation, and represented the dealer managers in connection with concurrent tender offers to purchase for cash any and all of Comcast Corporation's outstanding 3.700% Notes due 2024, Floating Rate Notes due 2024 and 3.375% due 2025 (the "Comcast Tender Offers"), and any and all of Sky Limited's outstanding 3.750% Senior Unsecured Notes due 2024 (the "Sky Tender Offer"). Proceeds from the offering were used to fund the purchase of the securities accepted pursuant to the Comcast Tender Offers, and for general corporate purposes.