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News Mar 29, 2018

Bell Canada’s $750 Million Notes Offering

Shearman & Sterling represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and TD Securities (USA) LLC as joint book-running managers, BMO Capital Markets Corp., CIBC World Markets Corp., Desjardins Securities Inc., National Bank of Canada Financial Inc., Scotia Capital (USA) Inc. as senior co-managers, and J.P. Morgan Securities LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and Casgrain & Company Limited as co-managers, in connection with Bell Canada's registered public offering of $750 million aggregate principal amount of 4.464% Series US-1 Notes due 2048. The offering was Bell's first USD benchmark offering, and the notes were offered in the United States under the SEC’s Multijurisdictional Disclosure System for Canadian issuers. 

Headquartered in Montréal since its founding in 1880, Bell is Canada's largest communications company, providing consumers and business with solutions to all their communications needs. Bell is wholly owned by Montréal's BCE Inc.

The Shearman & Sterling team below was supported by associates Jake Glazeski (New York-Compensation, Governance and ERISA), Taylor Montgomery and Michelle Lee (both New York-General Practice).

The Team