Rogers Communications Inc. announced pricing of $2.1 billion in subordinated notes.

From GlobeNewswire: 2025-02-10 20:45:24

Rogers Communications Inc. announced the pricing of a U.S. public offering of two series of US dollar denominated fixed-to-fixed rate subordinated notes with an aggregate principal amount of US$2.1 billion. The net proceeds from the offerings will be approximately US$2.07 billion and $989 million, which will be used to repay outstanding debt and fund the acquisition of BCE Inc.’s stake in Maple Leaf Sports & Entertainment Inc. The offerings are expected to close on February 12, 2025. The US Notes will be offered in the U.S., while the Cdn Notes are exclusively for Canadian residents through a private placement basis.



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