Rogers Communications to call C$900 million 4.7% notes due 2020

By Marisa Wong

Los Angeles, Oct. 28 – Rogers Communications Inc. plans to redeem all C$900 million of its 4.7% senior notes due 2020 on Nov. 27, according to a prospectus filed with the Securities and Exchange Commission.

The notes will be redeemed at a make-whole amount plus accrued interest. The company estimates that the aggregate redemption premium will be about C$19 million.

Rogers said it plans to fund the redemption using proceeds from an offering of new senior notes due 2049.

Rogers Communications is a Toronto-based communications and media company.

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