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Rogers Communications Launches Cash Tender Offers for Debt Securities
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Rogers Communications Launches Cash Tender Offers for Debt Securities
Jul 11, 2025 6:14 AM

08:45 AM EDT, 07/11/2025 (MT Newswires) -- Rogers Communications (RCI-B.TO) announced Friday cash tender offers for U.S. and Canadian dollar-denominated debt securities.

The company launched offers to purchase for cash eight series of outstanding notes for up to US$1.25 billion in aggregate consideration.

The offers cover US$1.25 billion in 4.350% senior notes due 2049, US$1 billion in 3.700% senior notes due 2049, US$750 million in 4.300% senior notes due 2048, and US$500 million in 4.500% senior notes due 2043. Also included are US$1.05 billion in 5.000% senior notes due 2044, US$650 million in 5.450% senior notes due 2043, US$500 million in 2.900% senior notes due 2026 and US$2 billion in 3.800% senior notes due 2032.

Additionally, Rogers commenced cash tender offers for six series of debt securities for up to C$400 million in total. Rogers is offering to purchase C$300 million in 4.25% senior notes due 2049, C$500 million in 2.90% senior notes due 2030 and C$500 million in 3.30% senior notes due 2029. The offers also include C$1 billion in 3.25% senior notes due 2029, C$1 billion in 4.25% senior notes due 2032 and C$1.5 billion in 3.65% senior notes due 2027.

Rogers said its cash tender offers for the debt securities will expire July 18.

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