Chicago, Sept. 7 – Rogers Communications Inc. priced C$3 billion of senior notes in four parts, according to a press release.
The offer included C$500 million of 5.65% senior notes due 2026, C$1 billion of 5.7% senior notes due 2028, C$500 million of 5.8% senior notes due 2030 and C$1 billion of 5.9% senior notes due 2033.
Proceeds will be used for general corporate purposes, which may include repaying short-term debt and other borrowings.
The notes were offered to persons resident in a Canadian through a syndicate of agents.
Rogers Communications is a Toronto-based communications and media company.
Issuer: | Rogers Communications Inc.
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Amount: | C$3 billion
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Issue: | Senior notes
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Trade date: | Sept. 7
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Settlement date: | Sept. 21
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Distribution: | Private placement in Canada
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2026 notes
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Amount: | C$500 million
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Maturity: | 2026
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Coupon: | 5.65%
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2028 notes
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Amount: | C$1 billion
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Maturity: | 2028
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Coupon: | 5.7%
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2030 notes
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Amount: | C$500 million
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Maturity: | 2030
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Coupon: | 5.8%
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2033 notes
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Amount: | C$1 billion
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Maturity: | 2033
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Coupon: | 5.9%
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