Comcast 2013 Annual Report Download - page 125

Table of Contents
Comcast Corporation
Note 21: Condensed Consolidating Financial Information
Comcast Corporation (“Comcast Parent”)
and four of our 100% owned cable holding company subsidiaries, Comcast Cable
Communications, LLC (“CCCL Parent”), Comcast MO Group, Inc. (“Comcast MO Group”), Comcast Cable Holdings, LLC (“CCH”
)
and Comcast MO of Delaware, LLC (“Comcast MO of Delaware”) (collectively, the “cable guarantors”),
have fully and
unconditionally guaranteed each other’
s debt securities. Comcast MO Group, CCH and Comcast MO of Delaware are collectively
referred to as the “Combined CCHMO Parents.”
The debt securities within the guarantee structure total $30.9 billion, of which $11.0
billion will mature within the next five years.
On March 27, 2013, Comcast Parent, the cable guarantors and NBCUniversal Media, LLC (referred to as “
NBCUniversal Media
Parent”
in the tables below) entered into a series of agreements and supplemental indentures to include NBCUniversal Media, LLC
as part of our existing cross-guarantee structure. As members of the cross-
guarantee structure, Comcast Parent and the cable
guarantors fully and unconditionally guarantee NBCUniversal Media, LLC’
s public debt securities, and NBCUniversal Media, LLC
fully and unconditionally guarantees all of Comcast Parent’s and the cable guarantors’
public debt securities, as well as the $6.25
billion revolving credit facility of Comcast Parent and Comcast Cable Communications, LLC.
Comcast Parent and the cable guarantors also fully and unconditionally guarantee NBCUniversal Enterprise’
s $4 billion of senior
notes and its $1.35 billion credit facility due March 2018. NBCUniversal Media, LLC does not guarantee the NBCUniversal
Enterprise senior notes or credit facility.
Comcast Parent provides an unconditional subordinated guarantee of the $185 million principal amount currently outstanding of
Comcast Holdings’
ZONES due October 2029. Neither the cable guarantors nor NBCUniversal Media, LLC guarantee the Comcast
Holdings ZONES due October 2029. None of Comcast Parent, the cable guarantors nor NBCUniversal Media, LLC guarantee the
$62 million principal amount currently outstanding of Comcast Holdings’ ZONES due November 2029.
Comcast 2013 Annual Report on Form 10
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