Rogers Wireless completes US$2.4 billion private placement of notes

Torys acted as counsel to Rogers Wireless in Canada under the direction of in-house counsel Graeme McPhail, Vice President and Associate General Counsel of Rogers Wireless. The Torys team included Patrice Walch-Watson, John Emanoilidis, Cornell Wright, Suh Kim, John Toffoletto, Kimberley Kowalik, Danial Lam, Andrew Lannon and Michelle Kisluk (corporate), Jim Welkoff and Andrea Shreeram (tax).

On November 30, 2004, Rogers Wireless Communications Inc. (RWCI) and Rogers Communications Inc. (RCI) announced that Rogers Wireless Inc. (Rogers Wireless), a wholly owned subsidiary of RWCI, completed a private placement in an aggregate principal amount of approximately US$2.356 billion (approximately C$2.807 billion). The private placement consisted of C$460 million 7.625% Senior (Secured) Notes due 2011, US$550 million Floating Rate Senior (Secured) Notes due 2010, US$470 million 7.25% Senior (Secured) Notes due 2012, US$550 million 7.50% Senior (Secured) Notes due 2015 and US$400 million 8.00% Senior Subordinated Notes due 2012. The offering was made pursuant to Rule 144A and Regulation S under the Securities Act of 1933 in the United States, and pursuant to private placement exemptions in certain provinces of Canada.