Issuer:
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Rogers Communications Inc.
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Guarantor:
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Rogers Communications Canada Inc.
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Trade Date:
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November 1, 2016
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Settlement Date:
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November 4, 2016 (T+3)
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Aggregate Principal Amount:
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US$500,000,000
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Expected Ratings:
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Moody’s Investors Service Inc.: Baa1
Standard and Poor’s Rating Services: BBB+
Fitch Ratings Ltd.: BBB+
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Maturity Date:
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November 15, 2026
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Coupon:
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2.90%
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Public Offering Price:
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98.354%
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Yield to Maturity:
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3.092%
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Spread to Benchmark Treasury:
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+125 basis points
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Benchmark Treasury:
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1.500% due August 15, 2026
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Benchmark Treasury Price and Yield:
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96-30+ / 1.842%
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Interest Payment Dates:
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May 15 and November 15, commencing May 15, 2017
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Redemption Provisions:
|
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Make-whole Call:
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Callable prior to August 15, 2026 at the greater of par or a discount rate of Treasury plus 20 basis points
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Par Call:
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Callable on or after August 15, 2026 at 100%
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CUSIP / ISIN:
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775109 BF7 / US775109BF74
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Joint Book-Running Managers:
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BMO Capital Markets Corp.
J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated
Citigroup Global Markets Inc. Scotia Capital (USA) Inc. |
Co-Managers:
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CIBC World Markets Corp.
Mizuho Securities USA Inc. MUFG Securities Americas Inc. National Bank of Canada Financial Inc. RBC Capital Markets, LLC SMBC Nikko Securities America, Inc. TD Securities (USA) LLC |