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Bell Canada announces approval of proposed amendments to its 1976 trust indenture
Bell Canada announces approval of proposed amendments to its 1976 trust indenture ...
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[{"type":"text","content":"\n \n \n \n Bell Canada announces approval of proposed amendments to its 1976 trust indenture\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.prngen2{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled \"Caution Concerning Forward-Looking Statements\" later in this news release.\n \n \n \n MONTRÉAL,\n \n Nov. 12, 2021\n \n /CNW/ -\n \n Bell Canada\n \n (\"Bell\") announced today it has successfully completed the previously announced consent and proxy solicitation (the \"Solicitation\") with respect to proposed amendments (the \"Proposed Amendments\") to its trust indenture dated as of\n \n July 1, 1976\n \n (as amended or supplemented, the \"1976 Indenture\"), pursuant to which the debentures listed below were issued (the \"Debentures\").\n \n \n The extraordinary resolution to approve the Proposed Amendments, described in Bell's consent and proxy solicitation statement dated\n \n September 29, 2021\n \n (the \"Solicitation Statement\") was approved at the special meeting of the holders of Debentures held on\n \n November 12, 2021\n \n by the favourable votes of holders of more than 66 2/3% of the outstanding principal amount of Debentures represented at the meeting.\n \n \n Bell intends to execute a supplemental indenture to the 1976 Indenture pursuant to which the Proposed Amendments will become effective. As described in the Solicitation Statement, following the effectiveness of the Proposed Amendments, Bell will pay a fee to Debentureholders as at the record date who responded to the Solicitation to consent to or withhold consent from, or to vote for or against, the Proposed Amendments of\n \n $0.50\n \n for each\n \n $1,000\n \n principal amount of Debent...