Cable / Telecom News

Rogers offers $350 million in senior notes

TORONTO – Rogers announced that its subsidiary, Rogers Communications Finance Inc., has rolled out an offering of US$350 million in senior notes due 2013. The notes are priced at US$1,000 per $1,000 principal amount. In addition, holders who sell on or prior to 5:00 p.m., on May 29, 2013, will receive a consent payment of US$2.50 per US$1,000 principal amount of notes. The tender offer will expire at 8:00 a.m., EST on June 13, 2013. Any unsold notes by that time will remain outstanding, mature and be paid on June 17, 2013.