BCE launches C$550M debt offering

|About: BCE Inc. (BCE)|By:, SA News Editor

Bell Canada (BCE +0.5%) has launched an offering of C$550M in medium-term debentures.

It's announced 2.9% M-50 MTN debentures dated Sept. 10, 2019, maturing on Sept. 10, 2029. The debentures will be issued at C$99.871 per C$100 principal amount, for a yield to maturity of 2.915%.

Net proceeds will go toward repaying short-term debt.

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