Date Closed

February 9, 2023

Lead Office

Montréal

Value

1.50 Billion CAD

On February 9, 2023, Bell Canada ("Bell") completed public offering of C$1.05 billion 4.55% MTN Debentures (the “Series M-58”) and Cdn $450 million 5.15% MTN Debentures (the “Series M-59”) pursuant to its medium term notes (MTN) program. The Series M-58 is dated February 9, 2023 and will mature on February 9, 2030. The Series M-59 is dated February 9, 2023 and will mature on February 9, 2053. The Series M-58 and the Series M-59 will be fully and unconditionally guaranteed by BCE Inc.

RBC Dominion Securities Inc., based in in Toronto, Canada, is an arm of the Royal Bank of Canada.

Bell, based in Montreal, Canada, is a communication and media company. Bell is wholly owned by BCE Inc.

McCarthy Tétrault LLP advised RBC Dominion Securities Inc., as an underwriter, with a team led by Fraser Bourne that included Isabelle Nazon and Janie Lambert-Roy (Business).