06:35 AM EDT, 03/25/2026 (MT Newswires) -- Rogers Communications Inc. announced overnight Tuesday that it has priced a U.S. public offering of US$750 million of 6.875% fixed-to-fixed rate subordinated notes due 2056 and a Canadian private placement of $1.25 billion of 6.250% fixed-to-fixed rate subordinated notes due 2056.
A statement noted the net proceeds from the issuance of the U.S. Notes and the issuance of the Canadian Notes will be approximately US$740 million and $1.24 billion, respectively. RCI said it expects to use the net proceeds from both offerings to repay certain outstanding indebtedness. The offering of the US Notes and the offering of the Cdn Notes are each expected to close on March 27, 2026.