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Rogers gets tenders for $304 million of 5.5% senior notes due 2014
By Tali Rackner
Norfolk, Va., March 13 - Rogers Communications Inc. announced that holders of $304,021,000 of its $350 million 5.5% senior notes due 2014 have tendered their notes under Rogers Data Centres Alberta Inc.'s tender offer and consent solicitation, according to a filing with the Securities and Exchange Commission.
The offer, which began on Jan. 29, expired at 8 a.m. ET on March 13.
Notes not tendered will mature and be paid on March 17.
Rogers Data also solicited consents to amend the note indentures.
As previously reported, Rogers said on Feb. 11 that Rogers Data extended the consent payment date in the tender offer to coincide with the expiration dates.
Holders who tendered their notes in the offers received a consent payment of $2.50 per $1,000 principal amount. Originally, only holders who tendered by 5 p.m. ET on Feb. 11 would have received the consent payment.
The payment was par for each $1,000 principal amount of notes plus accrued interest to but excluding the settlement date of March 13.
Rogers is a Toronto-based telecommunications and media company.
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