text: **Strong Balance Sheet and Liquidity Position**
  (cid:129) Issued and fully hedged US$2.5 billion of ten and thirty year senior 
  notes at some of the lowest coupon rates ever achieved for Rogers 
  corporate debt, in two separate offerings comprising: 
  (cid:129) Strategic acquisitions of Score Media Inc. 
  
  (theScore), Mountain 
  Cablevision Ltd. (Mountain Cable), Blackiron Data ULC (Blackiron) 
  and Pivot Data Centres were completed. 
  – US$500 million of 3.00% senior notes due 2023 and US$500 
  million of 4.50% senior notes due 2043 
  
  (cid:129) Rogers First Rewards, a new loyalty program allowing customers to 
  earn points on their eligible purchases and redeem them online for a 
  wide selection of Rogers products and services, was launched in the 
  Greater Toronto Area, Ottawa, Kingston, Sudbury and other cities 
  throughout Ontario. We also received regulatory approval to launch 
  a Rogers credit card which augments this loyalty program and will 
  accelerate the rate at which customers earn points. 
  
  – US$850 million of 4.10% senior notes due 2023 and US$650 
  million of 5.45% senior notes due 2043 
  
  (cid:129) Our overall weighted average cost of debt was 5.50% at 
  December 31, 2013 compared to 6.10% at December 31, 2012 and 
  the weighted average term to maturity on our debt was 11.3 years, 
  compared to 9.2 years at December 31, 2012. 