Cable / Telecom News

Rogers offers senior notes worth $800M

TORONTO – Rogers has priced an $800 million senior notes offering.The senior notes were priced at $999.04 per $1,000 principal amount, for an effective yield of 6.117% per annum if held to maturity.  They will mature on August 25, 2040.The net proceeds from the offering of approximately $794 million are intended to be used to help fund redemptions scheduled to come due in 2011.  Closing of the offering is expected to occur on or about August 25, 2010.www.rogers.com