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Published on 11/21/2022 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

DBRS rates Bell Canada notes BBB

DBRS said it rated Bell Canada Inc.’s C$1 billion of 5.85% medium-term notes, series M-57 due 2032, BBB(high). The notes are guaranteed by BCE Inc.

The rating is based on the rating for an already outstanding series of MTNs.

Bell Canada will use the proceeds to repay short-term debt and for general corporate purposes.

The trend is stable.


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