RCI · Rogers Communications Inc.

Summary

Rogers Communications Inc. announced the pricing of a US$750 million public offering of 6.875% fixed-to-fixed rate subordinated notes due 2056 and a Canadian private placement of C$1.25 billion 6.250% fixed-to-fixed rate subordinated notes due 2056. Net proceeds of approximately US$740 million and C$1.24 billion will be used to repay certain outstanding indebtedness, with closings expected on March 27, 2026.

Key takeaways

• US$750 million 6.875% fixed-to-fixed subordinated notes due 2056 (US public offering)
• C$1.25 billion 6.250% fixed-to-fixed subordinated notes due 2056 (Canadian private placement)
• Net proceeds: US$740 million from US Notes and C$1.24 billion from Cdn Notes
• Use of net proceeds: repay certain outstanding indebtedness of RCI
• Expected closing date for both offerings: March 27, 2026
• US Notes issued pursuant to prospectus supplement under Form F-10 shelf registration