Shearman And Sterling

News February 11, 2022

Bell Canada’s $750 Million Notes Offering

Shearman & Sterling represented BofA Securities, Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., BMO Capital Markets Corp. and National Bank of Canada Financial Inc. as joint book-running managers, and CIBC World Markets Corp., Citigroup Global Markets Inc., Desjardins Securities Inc., Mizuho Securities USA LLC, TD Securities (USA) LLC, Wells Fargo Securities, LLC and Casgrain & Company Limited as co-managers, in connection with Bell Canada’s registered public offering of $750 million aggregate principal amount of 3.650% Series US-7 notes due 2052. The notes were offered in the United States under the SEC’s Multijurisdictional Disclosure System for Canadian issuers.

Founded in Montréal in 1880, Bell Canada is Canada’s largest communications company with more than 22 million residential, business and wireless customer connections across every province and territory. Bell Canada provides extensive broadband wireless and wireline networks, innovative mobile, TV, Internet and business communication services, and the country’s premier television, radio, out of home and digital media brands. Bell is wholly owned by BCE Inc.

The Team