Rogers Hires Banks to Refinance Debt After Shaw Acquisition

Rogers Communications Inc. has hired banks for a potential transaction in Canadian dollars to refinance debt after it completed the acquisition of a smaller rival earlier this year, according to people familiar with the matter.

The Toronto-based wireless company asked RBC Capital Markets, Scotia Capital Inc. and TD Securities Inc. to prepare the possible debt offering, said the people, who asked not to be named as the discussions are private. Rogers may open the books for the bond sale as early as Thursday, the people said.

Rogers agreed to a C$6 billion ($4.4 billion) bank facility to help pay ...