Bell Canada closes $1.1 billion unsecured notes public offering

Company

BMO Capital Markets

Law Firm / Organization
Shearman & Sterling LLP

Bank

Citigroup

Law Firm / Organization
Shearman & Sterling LLP

Company

TD Securities

Law Firm / Organization
Shearman & Sterling LLP

Company

Wells Fargo Securities

Law Firm / Organization
Shearman & Sterling LLP

Company

BofA Securities

Law Firm / Organization
Shearman & Sterling LLP

Company

CIBC Capital Markets

Law Firm / Organization
Shearman & Sterling LLP

Company

Desjardins Capital Markets

Law Firm / Organization
Shearman & Sterling LLP

Company

Mizuho

Law Firm / Organization
Shearman & Sterling LLP

Bank

National Bank of Canada Financial Markets

Law Firm / Organization
Shearman & Sterling LLP

Company

RBC Capital Markets

Law Firm / Organization
Shearman & Sterling LLP

Bank

Scotiabank

Law Firm / Organization
Shearman & Sterling LLP

Bell Canada (Bell) has closed its offering in the United States of approximately $1.1 billion (US$850 million) aggregate principal amount of Notes in one series, which will mature on May 11, 2033. The notes are issued for US$99.930 per $100 principal amount for a yield to maturity of 5.109 percent. The Notes are being publicly offered in the United States through a syndicate of underwriters, including BMO Capital Markets, Citigroup, TD Securities, Wells Fargo Securities, BofA Securities and CIBC Capital Markets as joint book-running managers, and Desjardins Capital Markets, Mizuho, National Bank of Canada Financial Markets, RBC Capital Markets, Scotiabank, SMBC Nikko and Casgrain & Company Limited as co-managers.

Bell Canada is wholly owned by BCE, Canada’s largest communications company, which provides residential, business and wholesale customers with a wide range of solutions for all their communications needs.

Public/Private Offering
Other
$ 1,139,306,000
Closed
11 May 2023