Comcast will become one of the world’s most indebted companies if it buys Fox

 

If it wins the bidding war with Disney, the cable giant will take on as much as $85 billion of debt. That would be a dramatic shift for a company long known for a conservative balance sheet.

And that doesn’t include the $27.5 billion of debt that Moody’s estimates would come with a successful takeover of the British satellite broadcaster Sky.

All told, Comcast’s spending spree would nearly triple its total debt to $170 billion, according to the Moody’s ratings firm. Not counting banks, that would make Comcast the world’s second-most indebted company by dollars, behind the newly combined AT&T and Time Warner, according to Moody’s.

“It’s an unprecedented amount of debt for a company like Comcast,” said Cowen analyst Gregory Williams.

 

http://money.cnn.com/2018/06/18/media/comcast-fox-debt-disney/index.html