Cable & Telecom

Bell Aliant raises $1.25 billion

SAINT JOHN - Bell Aliant Regional Communications announced Wednesday it has agreed to sell, on an agency basis, an aggregate $1.25 billion new medium term notes. They will be sold in two tranches: $750 million principal amount of five year notes to mature September 26, 2011; and $500 million principal amount of 10 year notes to mature September 26, 2016. The notes will be issued at a discount for yields to maturity of 4.72% and 5.41 %, respectively. The issues are scheduled to close on September 25, 2006 and proceeds will be used to pay down amounts owing under the...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.