TORONTO, Feb. 28, 2013 /CNW/ - 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
Partnership ("RCP").
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.
