DBRS gives Bell Canada debentures A (low)

DBRS said it assigned a rating of A (low) to Bell Canada's C$400 million 3.5% series M-28 medium-term debentures due Sept. 10, 2018 and C$600 million 4.7% series M-29 medium-term debentures due Sept. 11, 2023.

The debentures (issued under Bell Canada's C$4 billion shelf program) are unsecured and rank pari passu with all other unsecured and unsubordinated indebtedness of Bell Canada. The debentures were issued under Bell Canada's Nov. 28, 1997 trust indenture and are fully and unconditionally guaranteed by BCE Inc. (rated BBB (high), stable).

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