Rogers Communications Inc. Announces Pricing of Public Offering of US$2.1 billion Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.0 billion Fixed-to-Fixed Rate Subordinated Notes
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Rogers Communications Inc. has announced the pricing of a public offering of US$2.1 billion fixed-to-fixed rate subordinated notes and a Canadian private placement of Cdn$1.0 billion fixed-to-fixed rate subordinated notes.
February 11, 2025 | 2:00 am
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Rogers Communications Inc. has priced a US$2.1 billion public offering and a Cdn$1.0 billion private placement of fixed-to-fixed rate subordinated notes.
The announcement of the pricing of subordinated notes indicates a strategic move by Rogers Communications to raise capital. This could be seen as a neutral event in the short term as it does not directly impact earnings or revenues but reflects on the company's financial strategy.
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