Rogers Communications Completes $900M Senior Notes Offering

On September 29, 2010, Rogers Communications Inc. closed its public offering of $900 million aggregate principal amount of 4.70 per cent Senior Notes due 2020.

The Senior Notes were issued by Rogers and guaranteed by its wholly owned subsidiary, Rogers Communications Partnership.

The offering was made in each of the provinces of Canada through a syndicate of agents comprised of Scotia Capital Inc., TD Securities Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc.

Rogers intends to use the net proceeds of the offering to repay outstanding advances under its bank credit facility and for general corporate purposes.

Rogers was represented by Davies Ward Phillips & Vineberg LLP with a team that comprised David Wilson and Bradley Ashkin (corporate finance & securities) and Paul Lamarre (tax).

The agents were represented by a team from Osler, Hoskin & Harcourt LLP that included Michael Innes and James Brown (corporate finance & securities) and Julie Colden (tax) with input from Philip Rogers (regulatory counsel).