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Published on 2/18/2011 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Rogers Communications to redeem all $820 million notes due 2012

By Toni Weeks

San Diego, Feb. 18 - Rogers Communications Inc. has issued notices to fully redeem its $350 million of 7.875% senior notes due 2012 and its $470 million of 7.25% senior notes due 2012, according to a news release.

The redemptions will occur on March 21 at the applicable redemption price plus accrued interest to the redemption date. In each case, the respective redemption price will include a "make-whole premium" based on the present values of the remaining scheduled payments.

Rogers is a diversified Canadian communications and media company based in Toronto.


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