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Published on 8/22/2018 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Bell Canada to redeem all C$1 billion 3.35% series M-25 debentures

By Sarah Lizee

Olympia, Wash., Aug. 22 – Bell Canada announced it will redeem all of its C$1 billion 3.35% series M-25 debentures due June 18, 2019, according to a press release.

The debentures will be redeemed on Sept. 21 at a price equal to C$1,007.193 per C$1,000 principal amount.

Holders will also receive C$8.719 per C$1,000 principal amount for accrued interest up to but excluding the redemption date.

Bell Canada is a Montreal-based telecommunications company.


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