/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
MONTREAL, Jan. 4, 2012 /CNW Telbec/ - BCE Inc. (TSX: BCE) (NYSE: BCE),
Canada's largest communications company, announced today that it has
closed its previously announced public offering of additional
Cumulative Redeemable First Preferred Shares, Series AK (series AK
preferred shares), by a syndicate of underwriters led by RBC Capital
Markets, BMO Capital Markets and TD Securities Inc. As a result of the
underwriters exercising in full their option to purchase an additional
1,200,000 series AK preferred shares, BCE issued 11,200,000 series AK
preferred shares for gross proceeds of $280 million. This offering
constitutes an additional issuance to the 13,800,000 series AK
preferred shares that BCE initially issued on July 5, 2011. The
additional series AK preferred shares will begin trading on the TSX
today under the symbol BCE.PR.K.
The series AK preferred shares have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended,
or any state securities laws and may not be offered, sold, or
delivered, directly or indirectly, in the United States or to, or for
the account or benefit of, U.S. persons absent registration or an
applicable exemption from the registration requirement of such Act and
applicable state securities laws. This news release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale of these securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
qualification under the securities laws of any such jurisdiction.
BCE is Canada's largest communications company, providing a
comprehensive and innovative suite of broadband communication services
to residential and business customers under the Bell and Bell Aliant
brands. Bell Media is Canada's premier multimedia company with leading
assets in television, radio and digital media, including CTV, Canada's
#1 television network, and the country's most-watched specialty
The Bell Mental Health Initiative is a multi-year charitable program
that promotes mental health across Canada via the Bell Let's Talk
anti-stigma campaign and support for community care, research and
workplace best practices. To learn more, please visit Bell.ca/LetsTalk.
For BCE corporate information, please visit BCE.ca. For Bell product and service information, please visit Bell.ca. For Bell Media, please visit BellMedia.ca.
SOURCE BCE INC.
For further information:
Bell Media Relations
BCE Investor Relations