BCE and Bell Canada Announce Cash Tender Offers for Certain Outstanding Debt Securities and BCE Announces the Mailing of Letters of Transmittal

10.11.08 - 17:41 ... source : Bell Canada Enterprises - BCE

... MONTREAL, Quebec, Nov. 10 2008 -- BCE Inc. (TSX, NYSE: BCE) and Bell Canada announced today that they have commenced cash tender offers for any and all of the outstanding 7.35% Series C Notes due October 30, 2009 (the "Notes") issued by BCE, and any and all of the outstanding 6.15% Debentures, Series M-2, due June 15, 2009 and 5.50% Debentures, Series M-16, due August 12, 2010 (the "Debentures") issued by Bell Canada. The tender offers are being made in connection with the privatization of BCE by an investor group led by Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, and affiliates of Providence Equity Partners Inc., Madison Dearborn Partners, LLC and Merrill Lynch Global Private Equity. BCE is offering to purchase the Notes and Bell Canada is offering to purchase the Debentures f ...» Next (HTML)