Αρχική iptv-news Comcast borrows $27 billion to fund Sky purchase

Comcast borrows $27 billion to fund Sky purchase

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Comcast has placed $27 billion in bonds as it looks to fund its $40 billion purchase of Sky.

The cable giant plans to fund the remainder of the purchase through term loans, according to a filing made on Tuesday.

The bond offer is the second largest of the year to date.

Investors have already indicated that they are prepared to take up $88 billion of debt.

Comcast’s extended bid to take control of Sky was completed last month with Rupert Murdoch’s 21st Century Fox indicating its willingness to sell its own 39% in the broadcaster.



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