Rogers Communications Completes $800M Senior Notes Offering

On August 25, 2010, Rogers Communications Inc. closed its public offering of $800-million aggregate principal amount of 6.11 per cent Senior Notes due 2040. 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 that comprised RBC Dominion Securities Inc., TD Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc.

Rogers intends to use the net proceeds of the offering, together with cash on hand and advances under its bank credit facility, to fund the redemptions of its US$490-million principal amount of 9.625 per cent Senior Notes due 2011, $460-million principal amount of 7.625 per cent Senior Notes due 2011 and $175-million principal amount of 7.25 per cent Senior Notes due 2011.

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 Steven Smith, Michael Innes and Rosalind Hunter (corporate finance & securities); Julie Colden (tax) and Philip Rogers (regulatory).


Michael D. Innes Bradley Ashkin Rosalind Hunter Paul Lamarre Steven W. Smith Julie A. Colden David T. Wilson


Davies Ward Phillips & Vineberg LLP Osler, Hoskin & Harcourt LLP