康卡斯特美股招股说明书(2025-05-06版)

$650,000,000 4.950% Notes due 2032$850,000,000 5.300% Notes due 2035$1,000,000,000 6.050% Notes due 2055 We are offering $650,000,000 of 4.950% Notes due 2032 (the “Notes due 2032”), $850,000,000 of 5.300% Notes due 2035 (the “Notes due2035”) and $1,000,000,000 of 6.050% Notes due 2055 (the “Notes due 2055”). The Notes due 2032 will bear interest at a rate of 4.950% per year andwill mature on May15, 2032, the Notes due 2035 will bear interest at a rate of 5.300% per year and will mature on May15, 2035 and the Notes due2055 will bear interest at a rate of 6.050% per year and will mature on May15, 2055. We refer to the Notes due 2032, the Notes due 2035 and the Notesdue 2055 collectively as the “notes.” We will pay interest on the Notes due 2032, the Notes due 2035 and the Notes due 2055 on May15 andNovember15 of each year, beginning on November15, 2025. We may redeem any of the notes at any time by paying the applicable redemption price The notes will be unsecured and will rank equally with all of our and our guarantors’ unsecured and unsubordinated indebtedness. The notes willbe fully and unconditionally guaranteed by our wholly-owned subsidiaries named in this prospectus supplement and in the accompanying prospectus. Neither the Securities and Exchange Commission (the “SEC” or the “Commission”) nor any state securities commission has approved ordisapproved of these securities or determined if this prospectus supplement or the accompanying prospectus is truthful or complete. Anyrepresentation to the contrary is a criminal offense. The notes will be ready for delivery only through The Depository Trust Company and its participants, including Euroclear SA/NV (“Euroclear”)and Clearstream Banking SA (“Clearstream”), in book-entry form on or about May8, 2025, which is the third business day following the date of thisprospectus supplement. See “Underwriting.” Joint Book-Running Managers BofA SecuritiesPNC Capital Markets LLC Wells Fargo SecuritiesUS Bancorp MizuhoSOCIETE GENERALE The date of this prospectus supplement is May5, 2025. Table of Contents TABLE OF CONTENTS Prospectus Supplement Where You Can Find More InformationProspectus Supplement Summary Prospectus Page124 About This ProspectusThe CompaniesCaution Concerning Forward-Looking StatementsUse of ProceedsDividend PolicyDescription of Debt Securities and GuaranteesGlobal SecuritiesDescription of Capital StockPlan of DistributionLegal MattersExpertsAvailable InformationIncorporation of Certain Documents by Reference We have not, and the underwriters have not, authorized anyone to provide any information other than that contained or incorporated by referencein this prospectus supplement, the accompanying prospectus or any free writing prospectus prepared by or on behalf of us or to which we have referredyou. We and the underwriters take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may giveyou. If information in this prospectus supplement is inconsistent with the accompanying prospectus, you should rely on this prospectus supplement. Weare not, and the underwriters are not, making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should We refer to Comcast Corporation in this prospectus supplement as “Comcast,” and Comcast and its consolidated subsidiaries as “we,” “us,” “our”or comparable terms. We refer to Comcast Cable Communications, LLC and its consolidated subsidiaries as “Comcast Cable,” NBCUniversal Media,LLC and its consolidated subsidiaries as “NBCUniversal,” and both of them collectively as the “guarantors.” Table of Contents WHERE YOU CAN FIND MORE INFORMATION We file annual reports on Form10-K,quarterly reports on Form10-Q,current reports on Form8-K,proxy statements and information statementsand amendments to reports filed or furnished pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”), with the SEC. TheSEC maintains an internet website at www.sec.gov that contains periodic and current reports, proxy and information statements, and other informationregarding registrants that file electronically with the SEC. The SEC allows us to “incorporate by reference” the information we file with them, whichmeans that we can disclose important information to you by referring you directly to those documents. The information incorporated by reference is This prospectus supplement incorporates by reference the documents of Comcast set forth below that we have previously filed with the SEC: •Comcast’s Annual Report onForm10-Kfor the year ended December31, 2024, filed on January31, 2025.•Comcast’s Quarterly Report onForm10-Qfor the quarter ended March31, 2025, filed on April24, 2025. We also incorporate by reference into this prospectus supplement and the accompanying prospectus additional documents that we may file withthe SEC under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, until