Davis Polk advised Comcast Corporation and NBCUniversal Enterprise, Inc., a division of Comcast Corporation, as borrowers, in connection with two five-year unsecured revolving credit facilities in an aggregate amount of $8.5 billion. The facilities consist of a $7 billion unsecured revolving credit facility for Comcast Corporation and a $1.5 billion unsecured revolving credit facility for NBCUniversal Enterprise, Inc. JPMorgan Chase Bank, N.A. acted as administrative agent. The credit facilities are available for general corporate purposes and replace Comcast Corporation’s existing $6.25 billion revolving credit facility and NBCUniversal Enterprise’s $1.35 billion revolving credit facility.

Comcast is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation’s largest video, high-speed Internet and phone providers to residential customers under the XFINITY brand and also provides these services to business customers and sells advertising. NBCUniversal is one of the world’s leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience.

The Davis Polk credit team included partner Jason Kyrwood and associates Hilary Dengel and Sarah M. Weissman. Partner Rachel D. Kleinberg and associate Lena X. Qiu advised on tax matters. Counsel Jeanine P. McGuinness provided OFAC advice. Counsel John T. Wright provided executive compensation advice. Members of the Davis Polk team are based in the New York, Northern California and Washington DC offices.

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