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General

Bell Canada raises USD 400 mln for debt refinancing

Wednesday 12 September 2018 | 09:19 CET | News
Bell Canada is raising another USD 400 million of its Series US-1 notes due 2048, first issued in March. The notes were priced at 98.768 percent, giving an effective yield of 4.540 percent per annum. Unconditionally guaranteed by BCE, the notes are intended to fund the redemption of Bell's CAD 200 million in Series 8 notes due in December 2019, the repayment of short-term debt and general corporate purposes.

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Categories: General
Companies: BCE / Bell Canada
Countries: Canada
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