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Bell Prices Cash Tender Offers for Debt Securities

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BCE (BCE.TO) unit Bell Canada priced its separate offers to purchase for $1.45 billion in cash all tendered debentures, the company said on Thursday.

The debentures expiry dates range from 2028 to 2047.

The settlement date for payment expected to be June 5. Bell said the financing condition described in the offer to purchase has been satisfied as a result of the closing of the company's public offering of two series of Canadian medium term notes totaling $1.6 billion.

BCE shares were last seen down $0.58 to $33.50 on the Toronto Stock Exchange.

Price: $33.50, Change: $-0.59, Percent Change: -1.72%

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