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Rogers Communications Inc. Announces Pricing of Public Offering of US$750 million Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.25 billion Fixed-to-Fixed Rate Subordinated Notes

Financial Post
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Rogers Communications priced two subordinated debt offerings totaling US$2 billion: US$750 million in 6.875% fixed-rate notes (U.S. public) and C$1.25 billion in 6.250% notes (Canadian private placement), both maturing in 2056. Net proceeds will reach approximately US$740 million (U.S. notes) and C$1.24 billion (Canadian notes), earmarked to repay existing debt. Both offerings are set to close on March 27, 2026. The U.S. notes, registered under SEC Form F-10, are restricted from Canadian buyers. Prospectus details are available via SEC’s EDGAR system or Rogers’ Investor Relations. Canadian notes are unregistered in the U.S. and limited to domestic investors, sold via private placement. Neither offering is available to non-resident buyers. Rogers cautioned that forward-looking statements carry risks, with full disclosures in its 2025 annual filings on SEDAR and SEC platforms.
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Rogers Communications Inc. Announces Pricing of Public Offering of US$750 million Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.25 billion Fixed-to-Fixed Rate Subordinated Notes

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This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentTORONTO, March 24, 2026 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced:Sign In or Create an AccountEmail AddressContinueor View more offersArticle contenta U.S. public offering of US$750 million of 6.875% fixed-to-fixed rate subordinated notes due 2056 (the “US Notes”); anda Canadian private placement of $1.25 billion of 6.250% fixed-to-fixed rate subordinated notes due 2056 (the “Cdn Notes” and, together with the US Notes, the “Notes”).Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentThe net proceeds from the issuance of the US Notes and the issuance of the Cdn Notes will be approximately US$740 million and $1.24 billion, respectively. RCI expects to use the net proceeds from both offerings to repay certain outstanding indebtedness of RCI. The offering of the US Notes and the offering of the Cdn Notes are each expected to close on March 27, 2026.Article contentArticle contentThe US Notes will be issued pursuant to a prospectus supplement and accompanying prospectus filed with the U.S. Securities and Exchange Commission (“SEC”) as part of an effective shelf registration statement on Form F-10. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. A copy of the prospectus and prospectus supplement relating to the offering of the US Notes may also be obtained from RCI by contacting Investor Relations as described below. The US Notes are not being offered in Canada or to any resident of Canada.Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentThe Cdn Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws.

The Cdn Notes were offered exclusively to persons resident in a Canadian province, through a syndicate of agents on a private placement basis.

The Cdn Notes will not be sold to investors outside of Canada.Article contentArticle contentThis news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.Article contentAbout Rogers Communications Inc.:Rogers is Canada’s communications, sports and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or about.rogers.com/investor-relations.Article contentCaution Concerning Forward-Looking StatementsThis press release may include “forward‐looking information” and “forward-looking statements” within the meaning of applicable securities laws (collectively, “forward-looking information”). RCI cautions that forward‐looking information is inherently subject to change and uncertainty and that actual results may differ materially from those expressed or implied by the forward-looking information. A comprehensive discussion of risks associated with forward-looking information can be found in RCI’s public reports and filings, including the risks outlined in the section entitled “Risks and Uncertainties Affecting our Business” in its management’s discussion and analysis of its audited consolidated financial statements as at and for the year ended December 31, 2025, which is available under its profile at www.sedarplus.ca, and are also available at www.sec.gov, and in the section entitled “Risk Factors” in the prospectus. RCI is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking information, whether as a result of new information, future events, or otherwise.Article contentFor further information:Investor Relations1-844-801-4792investor.relations@rci.rogers.comArticle contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Posthaste: Canada's troubled housing market just got hit with another headwind News JPMorgan sees 'national security risk' in old grid networks PMN Business Despite growing financial pressures, Canadians are still reliably paying their mortgages Mortgages Smith calls for new southbound pipelines, says U.S. could call 'first dibs' on Canadian oil exports Oil & Gas Oil and gas supply chain is about to snap, warns energy economist Peter Tertzakian Oil & Gas Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Posthaste: Canada's troubled housing market just got hit with another headwind News JPMorgan sees 'national security risk' in old grid networks PMN Business Despite growing financial pressures, Canadians are still reliably paying their mortgages Mortgages Smith calls for new southbound pipelines, says U.S. could call 'first dibs' on Canadian oil exports Oil & Gas Oil and gas supply chain is about to snap, warns energy economist Peter Tertzakian Oil & Gas

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Source: Financial Post