Canadian operator Rogers Communications has priced US$1bn notes at par in a public offering.
The two-tranche issue consists of US$500m of 3.00% senior notes due 2023 and US$500m of 4.50% senior notes due 2043. Rogers said it expects to use the proceeds…
Canadian operator Rogers Communications has priced US$1bn notes at par in a public offering.
The two-tranche issue consists of US$500m of 3.00% senior notes due 2023 and US$500m of 4.50% senior notes due 2043. Rogers said it expects to use the proceeds from the US dollar-denominated offer for general corporate purposes.
BofA Merrill Lynch, JP Morgan, Citigroup, RBC Capital Markets and TD Securities are joint book-running managers.
Last month Rogers’ CEO Nadir Mohamed said he would retire in January 2014.
As one of the three largest telcos in Canada Rogers offers wireless, fixed-line, broadband and television services, and also holds media, publishing and sports assets.