Rogers Cable to partially repay facility with C$500 million notes offering proceeds

Pittsburgh, Nov. 12 - Rogers Cable Inc., a wholly owned subsidiary of Rogers Communications Inc., expects to repay a portion of its outstanding advances under its bank credit facility with proceeds from an offering of C$500 million senior secured second-priority notes, according to a company news release. The notes will be offered in U.S. and Canadian dollars.

Rogers Communications is a Toronto-based Canadian communications and media company. Rogers Cable is Canada's largest cable television provider.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.