Date Closed

May 11, 2023

Lead Office

Montréal

Value

850.00 Million USD

On May 11, 2023, Bell Canada ("Bell") completed an offering in the United States of US$850 million aggregate principal amount of Notes in one series. The US$850 million 5.100% Series US-8 Notes will mature on May 11, 2033 and will be issued at a price of US$99.930 per US$100 principal amount for a yield to maturity of 5.109%. The Notes are being publicly offered in the United States through a syndicate of underwriters.

Bell is Canada's largest communications company1, providing advanced broadband wireless, TV, Internet, media and business communication services throughout the country. Founded in Montréal in 1880, Bell is wholly owned by BCE Inc.

McCarthy Tétrault advised BMO Capital Markets, Citigroup, TD Securities and Wells Fargo Securities as the lead dealers, with a team led by Fraser Bourne that included Isabelle Nazon, and Janie Lambert-Roy (Business).