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Rogers Wireless to redeem 8.3%, 8.8%, 9 3/8% notes on March 26
New York, Feb. 20 - Rogers Wireless Communications Inc. said the previously announced redemption of its $196.1 million principal amount of 8.30% senior secured notes due 2007, $179.1 million principal amount of 8.80% senior subordinated notes due 2007 and $333.2 million principal amount of 9 3/8% senior secured debentures due 2008 will take place on March 26.
The Toronto wireless phone company will use proceeds from its recent offering of $750 million 6 3/8% notes due 2014 to fund the redemption. Remaining proceeds will go to general corporate purposes.
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