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BRIEF-Bell Announces Offering Of Series M-51 Mtn Debentures

Published 2020-02-10, 08:40 p/m
BRIEF-Bell Announces Offering Of Series M-51 Mtn Debentures

Feb 10 (Reuters) - BCE Inc BCE.TO :

* BELL ANNOUNCES OFFERING OF SERIES M-51 MTN DEBENTURES

* BELL CANADA - PUBLIC OFFERING IN CANADA OF CDN $750 MILLION MTN DEBENTURES PURSUANT TO ITS MEDIUM TERM NOTES (MTN) PROGRAM

* BELL CANADA -THE CDN $750 MILLION 3.50% MTN DEBENTURES, SERIES M-51, WILL BE DATED FEB 13, 2020, WILL MATURE ON SEPT 30, 2050

* BELL CANADA - INTENDS TO USE NET PROCEEDS OF THE OFFERING TO FUND REDEMPTION OF ITS CDN $500 MILLION 4.95% SERIES M-24 DEBENTURES

* BELL CANADA - SERIES M-51 MTN DEBENTURES WILL BE ISSUED AT A PRICE OF CDN $99.902 PER $100 PRINCIPAL AMOUNT FOR A YIELD TO MATURITY OF 3.505%

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