Bell Canada Completes Cash Tender Offers for Six Debt Securities
Bell Announces Results of its Cash Tender Offers for Six Series of Debt Securities
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Bell Canada has successfully concluded cash tender offers for six series of debt securities, with a total of $877.5 million in principal amount tendered. The offers, which expired on June 3, 2026, will settle on June 5 and June 9, 2026, depending on the tender method used.
- 01The total principal amount of Notes validly tendered reached $877,543,000 before the expiration date.
- 02The settlement dates for the accepted Notes are June 5 and June 9, 2026.
- 03The Offers were part of a larger financing strategy involving concurrent offerings of Cdn.$1.6 billion in MTN Debentures and $650 million in U.S. senior notes.
- 04Holders of accepted Notes will receive the Total Consideration plus Accrued Coupon Payment.
- 05Bell Canada has appointed several financial institutions as dealer managers for the Offers, including BofA Securities and Citigroup.
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Bell Canada announced the successful completion of its cash tender offers for six series of debt securities, with offers expiring on June 3, 2026. A total of $877,543,000 in principal amount of Notes was validly tendered and accepted for purchase. The settlement for these Notes will occur on two dates: June 5, 2026, for those tendered before the expiration, and June 9, 2026, for those tendered via Guaranteed Delivery Procedures. The Offers are part of Bell's broader financing strategy, which includes concurrent offerings of Cdn.$1.6 billion in Medium Term Notes (MTN) Debentures and $650 million in U.S. senior notes. Holders of the accepted Notes will receive the Total Consideration specified in the Offer, along with an Accrued Coupon Payment. The company has retained several financial institutions, including BofA Securities and Citigroup, to manage the Offers.
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The completion of these tender offers helps Bell Canada manage its debt portfolio effectively, potentially leading to improved financial stability.
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