Fitch provides A- to Comcast notes

Fitch Ratings said it assigned an A- rating to Comcast Corp.’s notes due 2023 and 2026.

The issuance is a reopening of, and will form a single series with, Comcast's 2.75% notes due 2023 and its 3.15% notes due 2026 originally issued on Feb. 23, 2016.

Proceeds are expected to be used for working capital and general corporate purposes.

The notes will be guaranteed by Comcast's subsidiaries included in the company's cross-guaranty structure.

The outlook for all of Comcast's ratings is stable.

As of Dec. 31, Comcast had about $53.3 billion of debt and preferred stock outstanding, including $12.5 billion outstanding at NBCUniversal Media, LLC and $4.6 billion outstanding at NBCUniversal Enterprise.

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