2023-05-09 05:25:58 ET
- Bell Canada, a wholly owned subsidiary of BCE Inc. ( NYSE: BCE ) has price d $850M of 5.100% Series US-8 Note due May 11, 2033 at $99.930 per $100 principal amount for a yield to maturity of 5.109%.
- The offering is expected to close on May 11, 2023.
- The Notes will be fully and unconditionally guaranteed by BCE Inc. ( BCE ).
- Bell intends to use the net proceeds from the US Offering for the repayment of short-term debt and other general corporate purposes.
For further details see:
BCE subsidiary Bell Canada raises $850M through notes offering