Rogers Communications to Redeem all of its Senior Notes due 2011
July 28 2010 - 4:26PM
PR Newswire (US)
TORONTO, July 28 /PRNewswire-FirstCall/ - Rogers
Communications Inc. (the "Company") announced today that it has
issued notices to redeem on August 27,
2010 all of the US$490 million
principal amount of 9.625% Senior Notes due 2011 and on
August 31, 2010 all of the
Cdn$460 million principal amount of
7.625% Senior Notes due 2011 and Cdn$175
million principal amount of 7.25% Senior Notes due 2011, in
each case at the applicable redemption price plus accrued interest
to the date of redemption. In each case, the respective redemption
price will include a make whole premium based on the present values
of the remaining scheduled payments as prescribed in the applicable
indenture.
About the Company
Rogers Communications is a diversified Canadian communications
and media company. We are Canada's
largest provider of wireless voice and data communications services
and one of Canada's leading
providers of cable television, high-speed Internet and telephony
services. Through Rogers Media we are engaged in radio and
television broadcasting, televised shopping, magazines and trade
publications, and sports entertainment. We are publicly traded on
the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New
York Stock Exchange (NYSE: RCI).
For further information:
Dan Coombes on 416-935-3550 or
dan.coombes@rci.rogers.com
SOURCE Rogers Communications Inc.
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