Bullboard - Stock Discussion Forum Rogers Communications Ord Shs Class A T.RCI.B

Primary Symbol: T.RCI.A Alternate Symbol(s): RCI | RCIAF

Rogers Communications Inc. is a wireless, cable, and media company. The Company provides connectivity and entertainment to Canadian consumers and businesses across the country. The Company also has a portfolio of media properties, which includes sports media and entertainment, television and radio broadcasting properties, multi-platform televised and online shopping and digital media. Its... see more

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TSX:RCI.A - Post Discussion

Rogers Communications Ord Shs Class A > Pricing of US$2.5 billion Offering of US Dollar Senior Notes

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Post by Betteryear2 on Feb 07, 2024 8:35pm

Pricing of US$2.5 billion Offering of US Dollar Senior Notes

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced a public offering of two series of US dollar senior notes with an aggregate principal amount of US$2.5 billion, consisting of US$1.25 billion of 5.00% senior notes due 2029 and US$1.25 billion of 5.30% senior notes due 2034 (collectively, the “Notes”). The net proceeds from the issuance will be approximately US$2.46 billion. RCI expects to use the net proceeds from the issuance to repay certain of its outstanding indebtedness, including a portion of the borrowings under its term loan facility used to partially fund its acquisition of Shaw Communications Inc. The sale of the Notes is expected to close on February 9, 2024.

Rogers Communications Inc. Announces Pricing of US$2.5 (globenewswire.com)

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