Rogers Communications Inc. Announces US$1.0 Billion Offering of Debt
TORONTO, Feb. 28, 2013
TORONTO, Feb. 28, 2013 /PRNewswire/ - Rogers Communications Inc. ("RCI")
announced today that it has priced a US$1,000,000,000 underwritten public
offering of debt securities, consisting of US$500,000,000 aggregate principal
amount of 3.00% senior notes due 2023 and US$500,000,000 aggregate principal
amount of 4.50% senior notes due 2043. The net proceeds from the issuance of
the debt securities will be approximately US$985 million, which are expected
to be used for general corporate purposes. The sale of the debt securities is
expected to close on March 7, 2013. The debt securities will be issued by RCI
and guaranteed by its wholly owned subsidiary, Rogers Communications
RCI has filed a shelf registration statement on Form F-9 (including a
prospectus) with the SEC for this offering. Interested parties should read the
prospectus in that registration statement together with the preliminary and
final prospectus supplements for this offering and other documents RCI has
filed with the SEC that have been incorporated by reference into the
prospectus supplement for more complete information about RCI and this
offering. These documents are available at no charge by visiting EDGAR on the
SEC website at www.sec.gov.
The debt securities are not being offered in Canada or to any resident in
Canada. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.
Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements are
based on management's current expectations or beliefs, and are subject to
uncertainty and changes in circumstances. Actual results may vary materially
from those expressed or implied by the statements herein due to changes in
economic, business, competitive, technological, strategic and/or regulatory
factors, and other factors affecting the operations of RCI.
More detailed information about these factors may be found in filings by RCI
with the SEC, including its most recent Annual Report on Form 40-F. RCI is
under no obligation to, and expressly disclaims any such obligation to, update
or alter its forward-looking statements, whether as a result of new
information, future events, or otherwise.
About the Company:
Rogers Communications is a diversified Canadian communications and media
company. We are engaged in wireless voice and data communications services
through Wireless, Canada's largest wireless provider. Through Cable, we are
one of Canada's leading providers of cable television services as well as
high-speed Internet access and telephony services to consumers and businesses.
Through Media, we are engaged in radio and television broadcasting, televised
shopping, sports entertainment, and magazines and trade publications. We are
publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on
the New York Stock Exchange (NYSE: RCI). For further information about the
Rogers group of companies, please visit www.rogers.com.
SOURCE Rogers Communications Inc.
Glenn Brandt, (416) 935-3571,email@example.com
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