Rogers Wireless to redeem 8.3%, 8.8%, 9 3/8% notes on March 26

New York, Feb. 20 - Rogers Wireless Communications Inc. said the previously announced redemption of 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 will take place on March 26.

The Toronto wireless phone company will use proceeds from its recent offering of $750 million 6 3/8% notes due 2014 to fund the redemption. Remaining proceeds will go to general corporate purposes.

© 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.