04:26 AM EDT, 03/25/2026 (MT Newswires) -- Rogers Communications ( RCIAF ) said Tuesday it priced a $750 million public offering and a 1.25 billion Canadian dollar ($906.9 million) private placement of fixed-to-fixed rate subordinated notes due in 2056.

The US debt will carry a 6.875% interest rate, while the Canadian notes will have a 6.250% rate, and both transactions are expected to close Friday.

The company expects to generate roughly $740 million and CA$1.24 billion in net proceeds to pay down existing financial obligations, Rogers Communications ( RCIAF ) said.