Comcast funds acquisition of DreamWorks studio

Q.  Comcast launched a USD 4.5 billion four part bond on 13th July to help fund its acquisition of which studio in Hollywood?
- Published on 14 Jul 16

a. 21st century fox
b. Dreamworks Animation SKG
c. Big Pictures
d. None of the above

ANSWER: Dreamworks Animation SKG
 
Comcast has launched a USD 4.5 billion 4 part bond on 12th July 2016 to help fund the acquisition of Hollywood studio DreamWorks Animation SKG according to the new lead on the deal.
  • The USD 700 million 5 year tranche launched Treasuries plus 55bp, the $1.4 billion 10-year at T+85bp, the $1 billion 20-year at T+100bp, and the $1.4 billion 30-year at T+120bp.
  • Comcast is a cable TV and internet streaming service.

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