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Bell announces offering of Series M-57 MTN Debentures
Bell announces offering of Series M-57 MTN Debentures Canada NewsWire ...
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[{"type":"text","content":"\n \n \n \n Bell announces offering of Series M-57 MTN Debentures\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n MONTRÉAL\n \n ,\n \n \n Nov. 7, 2022\n \n \n /CNW Telbec/ -\n \n Bell Canada\n \n (Bell) today announced the public offering in\n \n Canada\n \n of Cdn $1.0 billion aggregate principal amount of MTN Debentures pursuant to its medium term notes (MTN) program.\n \n \n The Cdn $1.0 billion 5.85% MTN Debentures, Series M-57, will be dated\n \n November 10, 2022\n \n , will mature on\n \n November 10, 2032\n \n , and will be issued at a price of Cdn\n \n $99.768\n \n per\n \n $100\n \n principal amount for a yield to maturity of 5.881%. The MTN Debentures will be fully and unconditionally guaranteed by BCE Inc.\n \n Bell Canada\n \n intends to use the net proceeds of this offering for the repayment of short-term debt and for general corporate purposes.\n \n \n The Series M-57 MTN Debentures are being publicly offered in all provinces of Canada through a syndicate of agents. Closing of the offering of these MTN Debentures is expected to occur on November 10, 2022, subject to customary closing conditions.\n \n \n This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Series M-57 MTN Debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended (U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in\n \n the United States\n \n or to or for the account or benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act).\n \n \n The Series M-57 MTN Debentures are being issued pursuant to a short form base shelf prospectus dated\n \n March 7, 2022\n \n and a prospectus supplement dated\n \n May 19, 2022\n \n .\n \n Bell Canada\n \n will file a pricing supplement relating to this issue with the securities regulatory authorities in...