TORONTO, Feb. 5, 2018 /PRNewswire/ - Rogers Communications
Inc. ("RCI") announced today that it has priced a US$750 million underwritten public offering of
4.300% senior notes due 2048 (the "debt securities"). The net
proceeds from the issuance of the debt securities will be
approximately US$737 million and are
expected to be used for general corporate purposes, which may
include the repayment at maturity of outstanding commercial paper
under RCI's US commercial paper program. The sale of the debt
securities is expected to close on February
8, 2018. The debt securities will be issued by RCI and
guaranteed by its wholly-owned subsidiary, Rogers Communications
Canada Inc.
RCI has filed a shelf registration statement on Form F-10
(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 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. A written prospectus and prospectus supplement
relating to the offering of the debt securities may also be
obtained from RCI by contacting Glenn
Brandt as described below.
The debt securities are not being offered in Canada or to any resident of 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, including concerning consummation of the
offering described above, 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 Rogers
Rogers Communications Inc. is a leading diversified Canadian
communications and media company that's working to deliver a great
experience to our customers every day. We are Canada's largest provider of wireless
communications services and one of Canada's leading providers of cable
television, high-speed Internet, information technology, and
telephony services to consumers and businesses. Through Rogers
Media, we are engaged in radio and television broadcasting, sports,
televised and online shopping, magazines, and digital media. Our
shares are publicly traded on the Toronto Stock Exchange (TSX:
RCI.A and RCI.B) and on the New York Stock Exchange (NYSE:
RCI).
SOURCE Rogers Communications Canada Inc. - English
