Rogers Raises $1 Billion With First U.S. Bond Sale Since 2008
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Rogers Communications Inc., Canada’s largest wireless carrier, sold $1 billion of debt in its first U.S. offering in more than four years.
The communications and media company issued $500 million each of 3 percent, 10-year securities to yield 113 basis points more than similar-maturity U.S. Treasuries and 4.5 percent, 30- year debt at a relative yield of 145 basis points, according to data compiled by Bloomberg.