Filed Pursuant to Rule 433
Registration Statement Number 333-179678
November 29, 2012
COMCAST CORPORATION
$250,000,000 5.00% NOTES DUE 2061
Final Term Sheet
| Issuer: | Comcast Corporation (the “Company”) | |
| Cable Guarantors: | Comcast Cable Communications, LLC Comcast Cable Holdings, LLC Comcast MO Group, Inc. Comcast MO of Delaware, LLC | |
| Issue of Securities: | 5.00% Notes due 2061 | |
| Denomination: | $25.00 and multiples in excess thereof (each $25.00 principal amount “a note”) | |
| Expected Ratings: 1 | Moody’s: Baa1; S&P: BBB+; Fitch: BBB+ | |
| Aggregate Principal Amount: | $250,000,000 (10,000,000 notes) | |
| Over-Allotment Option: | $37,500,000 (1,500,000 notes) | |
| Trade Date: | November 29, 2012 | |
| Settlement Date: | December 6, 2012 (T+5) | |
| Maturity: | December 15, 2061 | |
| Interest Rate: | 5.00% per annum, accruing from December 6, 2012 (calculated on the basis of a 360-day year consisting of twelve 30-day months) | |
| Interest Payment Dates: | Quarterly on March 15, June 15, September 15 and December 15, commencing March 15, 2013 | |
| 1 | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
| Optional Redemption: | The 5.00% Notes due 2061 are redeemable at the option of the Company at any time on or after December 15, 2017, in whole or in part, at a redemption price equal to 100% of the principal amount of such notes plus accrued and unpaid interest to the date of redemption | |
| Expected Listing: | New York Stock Exchange | |
| CUSIP / ISIN: | 20030N 606 / US20030N6067 | |
| Price to Investors: | $25.00 per note; $250,000,000 total (not including over-allotment option) | |
| Underwriters’ Discount: | $0.7875 per note for retail orders; $7,521,412.50 total; $0.5000 per note for institutional orders; $224,500.00 total (not including the over-allotment option) | |
| Proceeds to Comcast, before expenses: | $24.2254 per $25.00 principal amount of Notes due 2061; $242,254,087.50 total (based on the weighted average underwriters’ discount for orders by retail and institutional investors) | |
| Joint Book-Running Managers: | Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC UBS Securities LLC Wells Fargo Securities, LLC | |
| Co-Managers: | Raymond James & Associates, Inc. RBC Capital Markets, LLC Stifel, Nicolaus & Company, Incorporated Barclays Capital Inc. Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Goldman, Sachs & Co. J.P. Morgan Securities LLC | |
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322, Morgan Stanley & Co. LLC at (212) 761-6691, UBS Securities LLC at (877)827-6444, ext. 561 3884 or Wells Fargo Securities, LLC at 1-800-326-5897 or cmclientsupport@wellsfargo.com.