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News Sep 14, 2018

Bell Canada’s $400 Million Notes Offering

Shearman & Sterling represented Barclays Capital Inc., BMO Capital Markets Corp., Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Scotia Capital (USA) Inc. as joint book-running managers, CIBC World Markets Corp., Desjardins Securities Inc., National Bank of Canada Financial Inc., RBC Capital Markets, LLC and TD Securities (USA) LLC 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 $400 million aggregate principal amount of 4.464% Series US-1 Notes due 2048. The offering was a re-opening of Bell's first USD benchmark offering from March 2018, 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 businesses with solutions to all their communications needs. Bell is wholly owned by Montréal's BCE Inc.