NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 18: LONG-TERM DEBT 1 Senior notes and debentures originally issued by Rogers Cable Inc. which are now unsecured obligations of RCI and for which Rogers Communications Partnership (RCP) is an unsecured guarantor. 2 Senior notes originally issued by Rogers Wireless Inc. which are now unsecured obligations of RCI and for which RCP is an unsecured co-obligor. Due date Principal amount Interest rate December 31, 2013 December 31, 2012 Bank credit facility Floating $ – $ – Senior notes 1 2013 $US 350 6.25% – 348 Senior notes 2 2014 US 750 6.375% 798 746 Senior notes 1 2014 US 350 5.50% 372 348 Senior notes 2 2015 US 550 7.50% 585 547 Senior notes 1 2015 US 280 6.75% 298 279 Senior notes 2016 1,000 5.80% 1,000 1,000 Senior notes 2017 500 3.00% 500 500 Senior notes 2018 US 1,400 6.80% 1,489 1,393 Senior notes 2019 500 5.38% 500 500 Senior notes 2020 900 4.70% 900 900 Senior notes 2021 1,450 5.34% 1,450 1,450 Senior notes 2022 600 4.00% 600 600 Senior notes 2023 US 500 3.00% 532 – Senior notes 2023 US 850 4.10% 904 – Debentures 1 2032 US 200 8.75% 213 199 Senior notes 2038 US 350 7.50% 372 348 Senior notes 2039 500 6.68% 500 500 Senior notes 2040 800 6.11% 800 800 Senior notes 2041 400 6.56% 400 400 Senior notes 2043 US 500 4.50% 532 – Senior notes 2043 US 650 5.45% 691 – 13,436 10,858 Fair value decrement arising from purchase accounting – (1) Deferred transaction costs and discounts (93) (68) Less current portion (1,170) (348) $ 12,173 $ 10,441 Bank Credit and Letter of Credit Facilities We have a total of $2.5 billion of bank credit and letter of credit facilities. Each of these facilities is unsecured and guaranteed by RCP and ranks equally with all of our senior notes and debentures. As at December 31, 2013, there were no advances outstanding under our $2.0 billion bank credit facility and letters of credit outstanding under our letter of credit facilities totalled $0.5 billion. The bank credit facility is available on a fully revolving basis until maturity on July 20, 2017 and there are no scheduled reductions prior to maturity. The interest rate charged on borrowings from the bank credit facility ranges from nil to 1.25% per annum over the bank prime rate or base rate, or 1.00% to 2.25% over the bankers’ acceptance rate or London Inter-Bank Offered Rate. Interest is paid semi-annually on all of our senior notes and debentures. We have the option to redeem each of our senior notes and debentures, in whole or in part, at any time, if we pay the specified premium. S enior Notes 2013 ANNUAL REPORT ROGERS COMMUNICATIONS INC. 111