Comcast Raises $4 Billion in New Debt to Offset Virus Impact

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Comcast Raises $4 Billion in New Debt to Offset Virus Impact
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Comcast has raised $4 billion through a debt offering to offset the impact on its businesses of the COVID-19 outbreak, according to a SEC filing

made public on Wednesday.

The cable giant also said the production and distribution supply chains for its film and TV programming in the U.S. and globally had been disrupted, especially with delays or cancellation of sporting events, including the 2020 Tokyo Olympics.

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