Rogers Communications Inc. Announces Pricing of Public Offering of US$750 million Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.25 billion Fixed-to-Fixed Rate Subordinated Notes

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[{"type":"text","content":"Rogers Communications Inc. Announces Pricing of Public Offering of US$750 million Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.25 billion Fixed-to-Fixed Rate Subordinated Notes\nTORONTO, March 24, 2026 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced: a U.S. public offering of US$750 million of 6.875% fixed-to-fixed rate subordinated notes due 2056 (the “US Notes”); anda Canadian private placement of $1.25 billion of 6.250% fixed-to-fixed rate subordinated notes due 2056 (the “Cdn Notes” and, together with the US Notes, the “Notes”). The net proceeds from the issuance of the US Notes and the issuance of the Cdn Notes will be approximately US$740 million and $1.24 billion, respectively. RCI expects to use the net proceeds from both offerings to repay certain outstanding indebtedness of RCI. The offering of the US Notes and the offering of the Cdn Notes are each expected to close on March 27, 2026. The US Notes will be issued pursuant to a prospectus supplement and accompanying prospectus filed with the U.S. Securities and Exchange Commission (“SEC”) as part of an effective shelf registration statement on Form F-10. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. A copy of the prospectus and prospectus supplement relating to the offering of the US Notes may also be obtained from RCI by contacting Investor Relations as described below. The US Notes are not being offered in Canada or to any resident of Canada. The Cdn Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws in the United States and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. The Cdn Notes were offered exclusively to persons resident in a Canadian province, through a syndicate of agents on a private placement basis. The Cdn Notes will not be sold to investors outside of Canada. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Notes in a...

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