Bell announces $500M sustainability bond offering

MONTREAL — Saying it supports the company’s commitment to lead in environmental, social and governance (ESG) standards, Bell Canada announced yesterday its first sustainability bond offering, marking a new milestone in BCE’s new Sustainable Financing Framework announced April 29th, the company says. Bell is making a public offering in Canada of $500 million (aggregate principal amount) of medium term note (MTN) debentures which will be dated May 28, 2021, and will mature on May 29, 2028, and will be issued at a price of $99.877 per $100 principal amount for a yield to maturity of 2.219%. The MTN debentures will...