Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
16 Aprile 2025 - 5:24PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of April, 2025
Commission File Number 001-10805
ROGERS COMMUNICATIONS INC.
(Translation of registrants name into English)
333 Bloor Street East
10th Floor
Toronto,
Ontario M4W 1G9
Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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ROGERS COMMUNICATIONS INC. |
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By: |
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/s/ Marisa Wyse |
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Name: |
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Marisa Wyse |
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Title: |
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Chief Legal Officer and Corporate Secretary |
Date: April 16, 2025
Exhibit 99.1
Rogers Communications Inc. Announces Successful Completion of Consent Solicitations for Senior Notes to
Facilitate Subsidiary Equity Investment
TORONTO, April 16, 2025Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI)
(Rogers) today announced that, in connection with its previously announced consent solicitations, it has received the requisite consents to amend the indentures governing each of the notes listed below (the Notes) as reported
by the tabulation agents and as contemplated by such consent solicitations.
As a result, Rogers will execute amendments to the indentures governing the
Notes to (i) unequivocally clarify that the subsidiary equity investment previously announced by Rogers is not subject to the covenant limiting debt of Rogers subsidiaries or the other negative covenants of, and is otherwise permitted by,
and does not constitute a default under, the applicable indentures and (ii) with respect to the Shaw Notes (as defined below), amend the indentures to align certain non-financial terms with the
corresponding terms in the indentures governing the other Canadian dollar denominated Notes issued by Rogers.
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Series of Notes (US dollar
denominated) |
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Series of Notes (Canadian dollar
denominated) |
3.625% Senior Notes due 2025 |
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5.65% Senior Notes due 2026 |
2.90% Senior Notes due 2026 |
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3.65% Senior Notes due 2027 |
3.20% Senior Notes due 2027 |
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5.70% Senior Notes due 2028 |
5.00% Senior Notes due 2029 |
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3.75% Senior Notes due 2029 |
3.80% Senior Notes due 2032 |
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3.25% Senior Notes due 2029 |
5.30% Senior Notes due 2034 |
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5.80% Senior Notes due 2030 |
7.50% Senior Notes due 2038 |
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4.25% Senior Notes due 2032 |
4.50% Senior Notes due 2042 |
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5.90% Senior Notes due 2033 |
4.50% Senior Notes due 2043 |
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6.68% Senior Notes due 2039 |
5.45% Senior Notes due 2043 |
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6.11% Senior Notes due 2040 |
5.00% Senior Notes due 2044 |
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6.56% Senior Notes due 2041 |
4.300% Senior Notes due 2048 |
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5.25% Senior Notes due 2052 |
4.350% Senior Notes due 2049 |
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3.80% Senior Notes due 2027(1) |
3.700% Senior Notes due 2049 |
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4.40% Senior Notes due 2028(1) |
4.55% Senior Notes due 2052 |
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3.30% Senior Notes due 2029(1) |
8.750% Senior (Secured) Second Priority Debentures due 2032 |
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2.90% Senior Notes due 2030(1) |
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6.75% Senior Notes due 2039(1) |
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4.25% Senior Notes due 2049(1) |
(1) |
Denotes Notes originally issued by Shaw Communications Inc. (collectively, the Shaw Notes)
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The consent solicitations expired as of 5:00 p.m. (ET) on April 15, 2025 (the Expiration Time). Rogers, Rogers
Communications Canada, Inc., as Guarantor, and the applicable trustee will execute supplemental indentures for each series of Notes to amend the applicable indentures as described above. Each supplemental indenture will be effective when executed,
but will not become operative if the applicable consent fees are not paid to the applicable depositary or tabulation agent.
Subject to the terms and conditions of the applicable consent solicitation, Rogers will pay the applicable
consent fees to the applicable depositary or tabulation agent for distribution to holders of the Notes who delivered valid consents (and did not, in the case of the US dollar denominated Notes, validly revoke such consents) prior to the Expiration
Time (i) in the case of the Shaw Notes, on the earlier of the third business day following the execution of the applicable supplemental indenture and the date of consummation of the subsidiary equity investment and (ii) in the case of all
other Notes, on the date of consummation of the subsidiary equity investment. The consummation of the subsidiary equity investment is expected to occur during the second quarter of 2025.
This press release is for informational purposes only and does not amend the consent solicitations, which have expired and were made solely on the terms and
subject to the conditions set forth in the applicable consent solicitation statement. Further, this press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities. The consent solicitation
statements do not constitute a solicitation of consents in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable securities laws. Copies of the consent solicitation statements
may be obtained from D.F. King & Co., Inc., the Information and Tabulation Agent for the consent solicitations relating to the US dollar denominated Notes at (212) 269-5550 (banks and brokers), (866) 828-6934 (all others, toll free), or email at rci@dfking.com and TSX Investor Solutions Inc., the Information Agent for the consent solicitations relating to the Canadian dollar denominated Notes, at (866) 356-6140 (toll free) or email at rogersconsent@tmx.com. Any persons with questions regarding the consent solicitations relating to the US dollar denominated Notes should contact the Lead Solicitation Agents as
follows:
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BofA Securities
Bank of America Tower 620 South
Tryon Street, 20th Floor Charlotte, North Carolina 28255
Attn: Liability Management Group
Collect: (980) 387-3907
Toll Free: (888) 292-0070
Email: debt_advisory@bofa.com |
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RBC Capital Markets, LLC
200 Vesey Street, 8th Floor New
York, NY 10281 Attn: Liability Management Group
Toll-Free: +1 (877) 381-2099
Call: +1 (212) 618-7843
Email: liability.management@rbccm.com |
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Scotia Capital (USA) Inc.
250 Vesey Street New York, NY
10281 Attn: Debt Capital Markets
Toll Free: +1 (800) 372-3930
Collect: +1 (212) 225-5559
Email: LM@scotiabank.com |
Any persons with questions regarding the consent solicitations relating to the Canadian dollar denominated Notes should
contact the Lead Solicitation Agents as follows:
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Merrill Lynch Canada Inc.
Brookfield Place Bay/Wellington
Tower 181 Bay Street, Suite 400
Toronto, Ontario M5J 2V8 Toll-Free:
(888) 292-0070 Collect: (980) 387-3907
E-Mail: debt_advisory@bofa.com |
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RBC Dominion Securities Inc.
200 Bay Street, Royal Bank Plaza North
Tower, 2nd Floor Toronto, Ontario
M5J 2W7 Attention: Liability Management Group
Telephone (Local): (416) 842-6311
Telephone (Toll-Free): (877) 381-2099
E-Mail: liability.management@rbccm.com |
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Scotia Capital Inc.
40 Temperance Street 4th Floor
Toronto, Ontario M5H 0B4 Collect: 1-416-863-7438 E-mail: LM@scotiabank.com Attention: Liability Management |
Caution Concerning Forward-Looking Statements
This news release includes forward-looking information and forward-looking statements within
the meaning of applicable securities laws (collectively, forward-looking information) about, among other things, the payment of the consent fees and consummation of the subsidiary equity investment.
This forward-looking information is based on a number of expectations and assumptions as of the date of this news release. Actual events and results may
differ materially from what is expressed or implied by forward-looking information if the underlying expectations and assumptions prove incorrect or our objectives, strategies or intentions change or as a
result of risks, uncertainties and other factors, many of which are beyond our control, including, but not limited to, (1) we may not complete the subsidiary equity investment on the anticipated terms or at all and (2) the other risks
described under the headings About Forward Looking Information and Risks and Uncertainties Affecting our Business in our managements discussion and analysis for the year ended December 31, 2024. We are under no
obligation to update or alter any statements containing forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
About Rogers Communications Inc.
Rogers is Canadas
leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or
investors.rogers.com.
For more information:
Investor Relations
1-844-801-4792
investor.relations@rci.rogers.com
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