DBRS Rates Rogers Communications’ Notes Issue BBB, Stable Trend

DBRS has today assigned a BBB rating with a Stable trend to Rogers Communications Inc.’s (RCI) announced issue of $900 million 4.70% senior unsecured notes due on September 29, 2020 (the Notes). The Notes will rank pari passu with all of RCI’s other senior unsecured obligations.

DBRS expects RCI to use the net proceeds from the debt issuance for general corporate purposes.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodologies are Rating Wireless and Rating Cable, which can be found on our website under Methodologies.

This rating is based on public information.