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Rogers Wireless to redeem 8.3%, 8.8%, 9 3/8% notes
New York, Feb. 17 - Rogers Wireless Communications Inc. said it plans to redeem its $196.1 million principal amount of 8.30% senior secured notes due 2007, $179.1 million principal amount of 8.80% senior subordinated notes due 2007 and $333.2 million principal amount of 9 3/8% senior secured debentures due 2008 using proceeds from its offering of $750 million of new 6 3/8% senior secured notes due 2014.
The proceeds will also be used to pay redemption premiums and fees.
The Toronto wireless phone company will use remaining proceeds for general corporate purposes.
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