EX-99.1 2 ex991.htm NEWS RELEASE DATED OCTOBER 28, 2009 ex991.htm
 
Exhibit 99.1
News release via Canada NewsWire, Toronto 416-863-9350

	    Attention Business Editors:
	    October 28, 2009 - Rogers Communications Prices $1 Billion Senior Notes
	    Offering

	    TORONTO, Oct. 28 /CNW/ - Rogers Communications Inc. ("Rogers") announced
today that it has priced an offering of $1.0 billion of debt securities,
consisting of $500 million aggregate principal amount of 5.38% Senior Notes
due 2019 and $500 million aggregate principal amount of 6.68% Senior Notes due
2039. The ten year Senior Notes due 2019 were priced at $999.31 per $1,000
principal amount, for an effective yield of 5.389% per annum if held to
maturity and the thirty year Senior Notes due 2039 were priced at $998.97 per
$1,000 principal amount, for an effective yield of 6.688% per annum if held to
maturity.
	    The net proceeds from the offering will be approximately $993 million,
which are intended to be used for general corporate purposes, including to pay
the cost for the intended redemption of all of the US$400 million principal
amount of our 8.00% Senior Subordinated Notes due 2012. Closing of the
offering is expected to occur on or about November 4, 2009. The Senior Notes
will be issued by Rogers and guaranteed by two of its wholly owned
subsidiaries, Rogers Wireless Partnership and Rogers Cable Communications Inc.
	    The Senior Notes are being offered in each of the provinces of Canada
through a syndicate of agents. Rogers will be filing a final prospectus
supplement relating to the offering of the Senior Notes with the securities
regulatory authorities in each of the provinces of Canada. Copies of the final
prospectus supplement and the accompanying short form base shelf prospectus
dated November 8, 2007 may be obtained over the Internet at the Canadian
Securities Administrators' website at www.sedar.com.
	    This news release does not constitute an offer to sell or the
solicitation of an offer to buy the securities in any jurisdiction. The
securities being offered have not been approved or disapproved by any
regulatory authority nor has any such authority passed upon the accuracy or
adequacy of the short form base shelf prospectus or the prospectus supplement.
	    This news release is not an offer for sale within the United States of
any debt or other securities of Rogers. Securities of Rogers, including any
offering of its debt securities, may not be offered or sold in the United
States absent registration under U.S. securities laws or unless exempt from
registration under such laws. The offering of Rogers described in this news
release has not been and will not be registered under U.S. securities laws,
and accordingly, any offer or sale of these securities may be made only in a
transaction exempt from registration.

	    About the Company:

	    We are a diversified Canadian communications and media company. We are
engaged in wireless voice and data communications services through Rogers
Wireless, Canada's largest wireless provider. Through Rogers Cable we are one
of Canada's largest providers of cable television services as well as
high-speed Internet access, telephony services and video retailing. Through
Rogers Media, we are engaged in radio and television broadcasting, televised
shopping, magazines and trade publications, and sports entertainment. We are
publicly traded on the Toronto Stock Exchange (TSX: RCI.a and RCI.b) and on
the New York Stock Exchange (NYSE: RCI).

	    %SEDAR: 00003765E          %CIK: 0000733099

	    /For further information: Lorraine Daly, (416) 935-3575,
lorraine.daly(at)rci.rogers.com/
	    (RCI.A. RCI.B. RCI)

CO:  Rogers Communications Inc.

CNW 15:50e 28-OCT-09