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Bell Canada Announces $2.25 Billion Hybrid Notes Offering

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Bell Canada Announces $2.25 Billion Hybrid Notes Offering

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BCE ( (TSE:BCE) ) has issued an announcement.

On February 12, 2025, Bell Canada announced a US$2.25 billion offering of Fixed-to-Fixed Rate Junior Subordinated Notes in two series, due 2055. These notes will bear interest rates of 6.875% and 7.000%, resetting every five years, and are guaranteed by BCE Inc. The proceeds will be used to manage senior indebtedness and for general corporate purposes, with the offering expected to close on February 18, 2025. This strategic financial move aims to strengthen Bell’s market position and operational flexibility, impacting stakeholders by potentially enhancing the company’s financial health.

More about BCE

Bell, Canada’s largest communications company, offers advanced broadband Internet, wireless, TV, media, and business communication services. Founded in Montréal in 1880, Bell is a wholly-owned subsidiary of BCE Inc., with a focus on supporting social and economic prosperity through initiatives like Bell Let’s Talk, promoting mental health awareness and funding community care.

Average Trading Volume: 4,059,373

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $21.22B

For detailed information about BCE stock, go to TipRanks’ Stock Analysis page.

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