Bell announces first Sustainability Bond Offering
BCE, Inc. (BCE)
Last bce, inc. earnings: 2/6 07:00 am
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Source: PR Newswire
This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled "Caution Concerning Forward-Looking Statements" later in this news release.A first for Canadian telecom, public offering supports Bell's commitment to lead in environmental, social and governance standards MONTRÉAL, May 25, 2021 /PRNewswire/ - Bell Canada today announced the public offering in Canada of Cdn $500 million aggregate principal amount of MTN Debentures pursuant to its medium term notes (MTN) program. The Cdn $500 million 2.20% MTN Debentures, Series M-56, will be dated May 28, 2021, will mature on May 29, 2028, and will be issued at a price of Cdn $99.877 per $100 principal amount for a yield to maturity of 2.219%. The MTN Debentures will be fully and unconditionally guaranteed by BCE Inc. The issue of the Series M-56 MTN Debentures will be Bell's first Sustainability Bond offering and mark a major milestone in BCE's new Sus
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