TORONTO, Feb. 27, 2014 /CNW/ – Rogers Communications Inc. (“RCI”) today
announced that holders of $508,405,000 (67.8%) aggregate principal
amount of its 6.375% Senior Notes due 2014 (CUSIP No.77531QAD0/
77531QAC2 / ISIN 7925HAB27) have tendered their notes pursuant to the
previously announced tender offer and consent solicitation by Rogers
Data Centres Alberta Inc. (“RDCAI”), a wholly-owned subsidiary of RCI.
The tender offer and consent solicitation expired as of 8:00 a.m., New
York City time, on February 27, 2014. RDCAI has accepted for purchase
and paid for the tendered notes, and RDCAI has paid the consent
payments for consents delivered in connection with the related consent
solicitation. Notes not tendered and purchased pursuant to the tender
offer will remain outstanding, mature and be paid on March 3, 2014, the
first business day following the stated maturity of March 1, 2014.
Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
relating but not limited to the terms and timing of the tender offers
and consent solicitations. There can be no assurance that either of
the tender offers and consent solicitations will be completed. Undue
reliance should not be placed on forward-looking information as actual
results may differ materially. These statements are based on
management’s current expectations or beliefs, and are subject to
uncertainty and changes in circumstances. Actual results may vary
materially from those expressed or implied by the statements herein due
to changes in economic, business, competitive, technological, strategic
and/or regulatory factors, and other factors affecting the operations
More detailed information about these factors may be found in filings by
RCI with the SEC, including its most recent Annual Report on Form 40-F.
RCI is under no obligation to, and expressly disclaims any such
obligation to, update or alter its forward-looking statements, whether
as a result of new information, future events, or otherwise.
About Rogers Communications Inc.
Rogers Communications Inc. is a leading diversified Canadian
communications and media company. Rogers Communications Inc. is
Canada’s largest provider of wireless communications services and one
of Canada’s leading providers of cable television, high-speed Internet
and telephony services to consumers and businesses. Through its
wholly-owned subsidiary, Rogers Media Inc., and its subsidiaries,
Rogers Communications Inc. is engaged in radio and television
broadcasting, televised shopping, magazines and trade publications,
sports entertainment, and digital media. We are publicly traded on the
Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock
Exchange (NYSE: RCI). For further information about the Rogers group
of companies, please visit rogers.com.
SOURCE Rogers Communications Inc.