Rogers Communications Inc. closes US$1B public offering of two series of hybrid notes due 2057

On September 23, 2026, Rogers Communications Inc. (“RCI”) closed its public offering of two series of US dollar hybrid notes with an aggregate principal amount of US$1 billion, consisting of US$500 million of 7.150% fixed-to-fixed rate subordinated notes due 2057 and US$500 million of 7.4000% fixed-to-fixed rate subordinated notes due 2057 (the “Notes”). 

The syndicate of underwriters consisted of BofA Securities, Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC, as joint book-running managers, and ATB Securities Inc., BMO Capital Markets Corp., CIBC World Markets Corp., Citigroup Global Markets Inc., Mizuho Securities USA LLC, National Bank of Canada Financial Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc., and TD Securities (USA) LLC, as co-managers.

Based in Toronto, Ontario, RCI is one of Canada’s leading telecommunications and media companies. 

McCarthy Tétrault LLP advised the syndicate of agents, with a team led by Andrew Parker and Jo-Anna Brimmer that included Suzie Cusson, Krystel Ametepeh (Business), Grant Buchanan (Communications), Len Nesbitt, Adam Unick and Tyler Warchola (Tax).