Canada's Rogers Communications selling guaranteed notes in 10-, 30-year tranches Thursday

By Andrea Heisinger

New York, Feb. 28 - Rogers Communications Inc. is expected to price senior notes in two tranches on Thursday, according to a SUPPL filing with the Securities and Exchange Commission.

The offering will include maturities of 2023 and 2043.

The 10-year notes will have a make-whole call until three months prior to maturity and will then be callable at par. The 30-year bonds have a make-whole redemption until six months before maturity with a par call afterward.

There is a change-of-control put at 101%.

BofA Merrill Lynch and J.P. Morgan Securities LLC are the active bookrunners. Passive bookrunners are Citigroup Global Markets Inc., RBC Capital Markets LLC and TD Securities (USA) LLC.

Proceeds will be used for general corporate purposes.

The securities are guaranteed by Rogers Communications Partnership.

The wireless and cable TV company is based in Toronto.

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