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TD Sees Rogers Building $18B Maple Leaf Sports Empire

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M&A & RestructuringMedia & EntertainmentAnalyst InsightsCompany FundamentalsCredit & Bond Markets

Rogers Communications could sell nearly one-third (~$6B) of an $18B Canadian sports empire to pay down debt this year, according to TD Securities analysts. The suggested asset sale signals balance-sheet pressure and potential restructuring of Rogers' media assets, which may weigh on valuation sentiment for the company.

Analysis

Rogers Communications could sell nearly one-third (~$6B) of an $18B Canadian sports empire to pay down debt this year, according to TD Securities analysts. The suggested asset sale signals balance-sheet pressure and potential restructuring of Rogers' media assets, which may weigh on valuation sentiment for the company.

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