Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest update is out from Rogers Communication ( ($TSE:RCI.B) ).
Rogers Communications Inc. announced the issuance of US$2.1 billion in subordinated notes due in 2055, comprising US$1.1 billion at a 7.000% rate and US$1.0 billion at a 7.125% rate, under an underwriting agreement with major financial institutions. This move, dated February 10, 2025, is part of Rogers’ strategy to strengthen its financial positioning and is expected to have significant implications for its long-term capital structure and investor relations.
More about Rogers Communication
Rogers Communications Inc. operates in the telecommunications and media industry, offering a range of services including wireless communications, cable television, and internet connectivity. The company is primarily focused on the Canadian market and is headquartered in Toronto, Ontario.
YTD Price Performance: -9.84%
Average Trading Volume: 1,189,786
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $14.75B
See more insights into RCI.B stock on TipRanks’ Stock Analysis page.
