Mr. Jean Robillard reports
BELL CANADA RENEWS MEDIUM TERM NOTES (MTN) PROGRAM
BCE Inc.'s Bell Canada filed today a prospectus supplement to a short-form base-shelf prospectus dated Sept. 20, 2016, with the various securities regulatory authorities in all provinces of Canada and with the Securities and Exchange Commission in the United States to renew Bell's medium-term-note (MTN) program.
The MTN program will enable Bell to offer up to $4-billion of MTN debentures from time to time until Oct. 20, 2018. The MTN debentures will be fully and unconditionally guaranteed by BCE. Consistent with past practice, the MTN program was renewed to continue to provide Bell with financial flexibility and efficient access to the Canadian and U.S. capital markets.
Bell also entered into a dealer agreement under which certain dealers have agreed to act as agents with respect to future offerings of the MTN debentures.
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