Form 8-K

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant To Section 13 Or 15(d) of

The Securities Exchange Act of 1934

Date of report (Date of earliest event reported): January 30, 2008

 

 

Comcast Corporation

(Exact Name of Registrant as Specified in Charter)

 

 

Pennsylvania

(State or Other Jurisdiction of Incorporation)

 

001-32871   27-0000798
(Commission File Number)   (IRS Employer Identification No.)

1500 Market Street

Philadelphia, PA

   19102-2148
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (215) 665-1700

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On January 30, 2008, Comcast Corporation entered into an amended and restated bank credit facility, which may be used for general corporate purposes. This amendment increased the size of the credit facility from $5.0 billion to $7.0 billion and extended the maturity of the loan commitments to January 30, 2013. As of January 30, 2008, no amounts were outstanding under the facility. Amounts outstanding under the credit facility may be accelerated upon the occurrence of customary events of default and requires the company and its restricted group to maintain a ratio of consolidated total indebtedness (as defined) to annualized EBITDA of no more than 5.75:1.00. As was the case prior to the amendment, the credit facility is guaranteed by a number of the company’s wholly owned subsidiaries that indirectly hold substantially all of its cable assets.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    COMCAST CORPORATION
Date: February 4, 2008   By:  

/s/ Lawrence J. Salva

    Lawrence J. Salva
   

Senior Vice President, Chief Accounting Officer and Controller

(Principal Accounting Officer)