Rogers Communications Inc. Debt Securities Update

Rogers Communications Inc. has launched cash tender offers to purchase up to C$400 million of its outstanding senior notes across six different series.

• The tender offers are for the following series:
  • Series 1: C$150 million of 3.25% senior notes due 2027
  • Series 2: C$50 million of 3.50% senior notes due 2028
  • Series 3: C$50 million of 3.75% senior notes due 2029
  • Series 4: C$50 million of 4.00% senior notes due 2030
  • Series 5: C$50 million of 4.25% senior notes due 2031
  • Series 6: C$50 million of 4.50% senior notes due 2049
• The tender offers will expire on July 18, 2025, with settlement expected on July 22.

The company’s debt reduction efforts are aimed at reducing its debt burden. The tender offers are part of Rogers Communications Inc.’s ongoing efforts to manage its debt.

Company Financials

• Recent stock price: 37.11 CAD
• Market capitalization: approximately 23.98 billion CAD
• Price-to-earnings ratio: 13.4