Bell Canada plans to redeem C$1 billion 3.35% debentures on March 16

By Wendy Van Sickle

Columbus, Ohio, Feb. 14 – Bell Canada set a redemption date of March 16 for its outstanding C$1 billion 3.35% debentures, series M-26, due March 22, 2023, according to a news release.

The redemption price will be C$1,017.396 per C$1,000 of principal amount, plus C$16.02 of accrued interest.

The company previously announced plans to redeem the debentures with proceeds from its upcoming 30-year fixed-rate notes, as reported.

The debentures were issued March 22, 2013 and are guaranteed by Bell Canada’s parent company, BCE Inc.

Bell is a telecommunications company based in Montreal.

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