Information on Bell Canada Plan of Arrangement
| Q | R | |
|---|---|---|
| Ticker symbol (on the TSX): | N/A | BCE.PR.R |
| Annual dividend: | Floating | 4.540% |
| Dividend payment dates: | the 12th day of every month | The 1st day of March, June, Sept. and Dec. |
| Dividend terms: | Starting December 1, 2010, series Q shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. | Until December 1, 2010, series R shareholders are entitled to receive quarterly cash dividends of 4.540% per annum computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.50 | $25.00 |
| Redemption terms: | BCE may redeem the Series Q shares at any time for $25.50 per share | BCE may redeem the Series R shares on Dec. 1, 2010, and every five years thereafter for $25.00 per share |
| Convertible into: | First Preferred, Series R | First Preferred, Series Q |
| Conversion date: | December 1, 2015 | December 1, 2010 |
| Conversion terms: | Holders of Series Q Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Dec. 1, 2015 and on December 1 every five years thereafter, their shares into an equal number of Series R Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series R Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Dec. 1, 2010 and on December 1 every five years thereafter, their shares into an equal number of Series Q Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series Q Preferred Shares and Series R Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series Q Preferred Shares, such remaining number of Series Q Preferred Shares shall automatically be converted into an equal number of Series R Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such conversion date less than 1,000,000 Series R Preferred Shares then no Series Q Preferred Shares shall be converted into Series R Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series R Preferred Shares and Series Q Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series R Preferred Shares, such remaining number of Series R Preferred Shares shall automatically be converted into an equal number of Series Q Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such conversion date less than 1,000,000 Series Q Preferred Shares then no Series R Preferred Shares shall be converted into Series Q Preferred Shares. |
| See Credit Ratings | ||
| S | T | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.S | BCE.PR.T |
| Annual dividend: | Floating | 4.502% per annum |
| Dividend payment dates: | The 12th day of every month | The 1st day of Feb., May, Aug. and Nov. |
| Dividend terms: | Starting November 1, 2001, Series S shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. | Starting November 1, 2006, Series T shareholders are entitled to receive fixed quarterly cash dividends computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.50 | $25.00 |
| Redemption terms: | BCE may redeem the Series S shares at any time for $25.50 per share | BCE may redeem the Series T shares on November 1, 2011, and every five years thereafter for $25.00 per share |
| Convertible into: | First Preferred, Series T | First Preferred, Series S |
| Conversion date: | November 1, 2011 | November 1, 2011 |
| Conversion terms: | Holders of Series S Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Nov. 1, 2011 and on November 1 every five years thereafter, their shares into an equal number of Series T Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series T Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Nov. 1, 2011 and on November 1 every five years thereafter, their shares into an equal number of Series S Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series S Preferred Shares and Series T Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series S Preferred Shares, such remaining number of Series S Preferred Shares shall automatically be converted into an equal number of Series T Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 1,000,000 Series T Preferred Shares then no Series S Preferred Shares shall be converted into Series T Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series T Preferred Shares and Series S Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series T Preferred Shares, such remaining number of Series T Preferred Shares shall automatically be converted into an equal number of Series S Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 1,000,000 Series S Preferred Shares then no Series T Preferred Shares shall be converted into Series S Preferred Shares. |
| See Credit Ratings | ||
| Y | Z | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.Y | BCE.PR.Z |
| Annual dividend: | Floating | 4.331% per annum |
| Dividend payment dates: | The 12th day of every month | The 1st day of March, June, Sept., and Dec. |
| Dividend terms: | Until December 1, 2012, series Y shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. | Until December 1, 2012, series Z shareholders are entitled to receive quarterly cash dividends of 4.331% per annum computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.50 | $25.00 |
| Redemption terms: | BCE may redeem the Series Y shares at any time for $25.50 per share | BCE may redeem the Series Z shares on December 1, 2012, and every five years thereafter for $25.00 per share |
| Convertible into: | First Preferred, Series Z | First Preferred, Series Y |
| Conversion date: | December 1, 2012 | December 1, 2012 |
| Conversion terms: | Holders of Series Y Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2012 and on December 1 every five years thereafter, their shares into an equal number of Series Z Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series Z Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on December 1, 2012 and on December 1 every five years thereafter, their shares into an equal number of Series Y Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series Y Preferred Shares and Series Z Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series Y Preferred Shares, such remaining number of Series Y Preferred Shares shall automatically be converted into an equal number of Series Z Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 1,000,000 Series Z Preferred Shares then no Series Y Preferred Shares shall be converted into Series Z Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series Z Preferred Shares and Series Y Preferred Shares, if BCE Inc. determines that there would be outstanding on a Conversion Date less than 1,000,000 Series Z Preferred Shares, such remaining number of Series Z Preferred Shares shall automatically be converted into an equal number of Series Y Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 1,000,000 Series Y Preferred Shares then no Series Z Preferred Shares shall be converted into Series Y Preferred Shares. |
| See Credit Ratings | ||
| AA | AB | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.A | BCE.PR.B |
| Annual dividend: | $1.2000 per annum | Floating |
| Dividend payment dates: | The 1st day of March, June, Sept. and Dec. | The 12th day of every month |
| Dividend terms: | Until September 1, 2012, Series AA shareholders are entitled to receive quarterly cash dividends of $1.2000 per annum computed in accordance with the terms and conditions attached to such shares. | Starting September 1, 2007, Series AB shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.00 | $25.50 |
| Redemption terms: | BCE may redeem the Series AA shares on September 1, 2012, and on Sept. 1 every five years thereafter for $25.00 per share | BCE may redeem the Series AB shares at any time after September 1, 2007 for $25.50 per share |
| Convertible into: | First Preferred, Series AB | First Preferred, Series AA |
| Conversion date: | September 1, 2012 | September 1, 2012 |
| Conversion terms: | Holders of Series AA Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2012 and on September 1 every five years thereafter, their shares into an equal number of Series AB Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series AB Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on September 1, 2012 and on September 1 every five years thereafter, their shares into an equal number of Series AA Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series AA Preferred Shares and Series AB Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AA Conversion Date less than 2,500,000 Series AA Preferred Shares, such remaining number of Series AA Preferred Shares shall automatically be converted into an equal number of Series AB Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AA Conversion Date less than 2,500,000 Series AB Preferred Shares then, no Series AA Preferred Shares shall be converted into Series AB Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series AB Preferred Shares and Series AA Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AB Conversion Date less than 2,500,000 Series AB Preferred Shares, such remaining number of Series AB Preferred Shares shall automatically be converted into an equal number of Series AA Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AB Conversion Date less than 2,500,000 Series AA Preferred Shares then, no Series AB Preferred Shares shall be converted into Series AA Preferred Shares. |
| See Credit Ratings | ||
| AC | AD | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.C | BCE.PR.D |
| Annual dividend: | $1.15 per annum | Floating |
| Dividend payment dates: | The 1st day of March, June, Sept. and Dec. | The 12th day of every month |
| Dividend terms: | Until March 1, 2013, series AC shareholders are entitled to receive quarterly cash dividends of $1.15 per annum computed in accordance with the terms and conditions attached to such shares. | Starting March 1, 2008, series AD shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.00 | $25.50 |
| Redemption terms: | BCE may redeem the Series AC shares on Mar. 1, 2013, and on March 1 every five years thereafter for $25.00 per share | BCE may redeem the Series AD shares at any time for $25.50 per share |
| Convertible into: | First Preferred, Series AD | First Preferred, Series AC |
| Conversion date: | March 1, 2013 | March 1, 2013 |
| Conversion terms: | Holders of Series AC Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Mar. 1, 2013 and on March 1 every five years thereafter, their shares into an equal number of Series AD Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series AD Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on Mar. 1, 2013 and on March 1 every five years thereafter, their shares into an equal number of Series AC Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series AC Preferred Shares and Series AD Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AC Conversion Date less than 2,500,000 Series AC Preferred Shares, such remaining number of Series AC Preferred Shares shall automatically be converted into an equal number of Series AD Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AC Conversion Date less than 2,500,000 Series AD Preferred Shares then, no Series AC Preferred Shares shall be converted into Series AD Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series AD Preferred Shares and Series AC Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AD Conversion Date less than 2,500,000 Series AD Preferred Shares, such remaining number of Series AD Preferred Shares shall automatically be converted into an equal number of Series AC Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AD Conversion Date less than 2,500,000 Series AC Preferred Shares then, no Series AD Preferred Shares shall be converted into Series AC Preferred Shares. |
| See Credit Ratings | ||
| AE | AF | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.E | BCE.PR.F |
| Former Symbol (on the TSX): |
BC.PR.A | BC.PR.D |
| Annual dividend: | Floating | 4.4% per annum |
| Dividend payment dates: | The 12th day of every month | The 1st day of Feb., May, August, and Nov. |
| Dividend terms: | Starting February 1, 2005, Series AE shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. | Until February 1, 2010, Series AF shareholders are entitled to receive quarterly cash dividends of 4.40% per annum computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.50 | $25.00 |
| Redemption terms: | BCE Inc. may redeem the Series AE shares at any time for $25.50 per share. | BCE Inc. may redeem the Series AF shares on Feb. 1, 2010, or on Feb. 1 every five years thereafter for $25.00 per share. |
| Convertible into: | First Preferred Shares Series AF | First Preferred Shares Series AE |
| Conversion date: | February 1, 2010 | February 1, 2010 |
| Conversion terms: | Holders of Series AE Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2010 and every five years thereafter, their shares into an equal number of Series AF Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series AF Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on February 1, 2010 and on February 1 every five years thereafter, their shares into an equal number of Series AE Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series AE Preferred Shares and Series AF Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AE Conversion Date less than 1,000,000 Series AE Preferred Shares, such remaining number of Series AE Preferred Shares shall automatically be converted into an equal number of Series AF Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AE Conversion Date less than 1,000,000 Series AF Preferred Shares then, no Series AE Preferred Shares shall be converted into Series AF Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series AE Preferred Shares and Series AF Preferred Shares, if BCE Inc. determines that there would be outstanding on such Series AF Conversion Date less than 1,000,000 Series AF Preferred Shares, such remaining number of Series AF Preferred Shares shall automatically be converted into an equal number of Series AE Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Series AF Conversion Date less than 1,000,000 Series AE Preferred Shares then, no Series AF Preferred Shares shall be converted into Series AE Preferred Shares. |
| See Credit Ratings | ||
| AG | AH | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.G | BCE.PR.H |
| Former Symbol (on the TSX): |
BC.PR.B | BC.PR.E |
| Annual dividend: | 4.35% per annum | Floating |
| Dividend payment dates: | The 1st day of Feb., May, August, and Nov. | The 12th day of every month |
| Dividend terms: | Until May 1, 2011, Series AG shareholders are entitled to receive quarterly cash dividends of 4.35% per annum computed in accordance with the terms and conditions attached to such shares. | Starting May 1, 2006, Series AH shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. |
| Redemption price: | $25.00 | $25.50 |
| Redemption terms: | BCE Inc. may redeem the Series AG shares on May 1, 2011 or on May 1 in every fifth year thereafter for $25.00 per share | BCE Inc. may redeem the Series AH shares at any time for $25.50 per share |
| Convertible into: | First Preferred Shares Series AH | First Preferred Shares Series AG |
| Conversion date: | May 1, 2011 | May 1, 2011 |
| Conversion terms: | Holders of Series AG Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2011 and on May 1 every five years thereafter, their shares into an equal number of Series AH Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series AH Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on May 1, 2011 and on May 1 every five years thereafter, their shares into an equal number of Series AG Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series AG Preferred Shares and Series AH Preferred Shares, if BCE Inc. determines that there would be outstanding on such Conversion Date less than 2,000,000 Series AG Preferred Shares, such remaining number of Series AG Preferred Shares shall automatically be converted into an equal number of Series AH Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 2,000,000 Series AH Preferred Shares then, no Series AG Preferred Shares shall be converted into Series AH Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series AH Preferred Shares and Series AG Preferred Shares, if BCE Inc. determines that there would be outstanding on such Conversion Date less than 2,000,000 Series AH Preferred Shares, such remaining number of Series AH Preferred Shares shall automatically be converted into an equal number of Series AG Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 2,000,000 Series AG Preferred Shares then, no Series AH Preferred Shares shall be converted into Series AG Preferred Shares. |
| See Credit Ratings | ||
| AI | AJ | |
|---|---|---|
| Ticker symbol (on the TSX): | BCE.PR.I | N/A (not issued) |
| Former Symbol (on the TSX): |
BC.PR.C | N/A (not issued) |
| Annual dividend: | 4.65% per annum | Floating |
| Dividend payment dates: | The 1st day of Feb., May, August, and Nov. | The 12th day of every month |
| Dividend terms: | Until August 1, 2011, Series AI shareholders are entitled to receive quarterly cash dividends of 4.65% per annum computed in accordance with the terms and conditions attached to such shares. | Starting August 1, 2011, Series AJ shareholders are entitled to receive monthly floating adjustable cash dividends, computed in accordance with the terms and conditions attached to such shares. |
| Redemption date: | August 1, 2011 | At any time starting August 1, 2011 |
| Redemption price: | $25.00 | $25.50 |
| Redemption terms: | BCE Inc. may redeem the Series AI shares on August 1, 2011 or on August 1 every five years thereafter for $25.00 per share | BCE Inc. may redeem the Series AJ shares at any time starting August 1, 2011 for $25.50 per share |
| Convertible into: | First Preferred Shares Series AJ | First Preferred Shares Series AI |
| Conversion date: | August 1, 2011 | August 1, 2016 |
| Conversion terms: | Holders of Series AI Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2011 and on August 1 every five years thereafter, their shares into an equal number of Series AJ Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. | Holders of Series AJ Preferred Shares will, subject to the automatic conversion provisions, have the right to convert, on August 1, 2016 and on August 1 every five years thereafter, their shares into an equal number of Series AI Preferred Shares upon giving to BCE Inc. notice thereof as per the terms and conditions of the conversion. |
| Automatic conversion: | Following the close of business on last day for tendering the shares for conversion by holders of Series AI Preferred Shares and Series AJ Preferred Shares, if BCE Inc. determines that there would be outstanding on such Conversion Date less than 2,000,000 Series AI Preferred Shares, such remaining number of Series AI Preferred Shares shall automatically be converted into an equal number of Series AJ Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 2,000,000 Series AJ Preferred Shares then no Series AI Preferred Shares shall be converted into Series AJ Preferred Shares. | Following the close of business on last day for tendering the shares for conversion by holders of Series AJ Preferred Shares and Series AI Preferred Shares, if BCE Inc. determines that there would be outstanding on such Conversion Date less than 2,000,000 Series AJ Preferred Shares, such remaining number of Series AJ Preferred Shares shall automatically be converted into an equal number of Series AI Preferred Shares. Additionally, if BCE Inc. determines at such time that there would be outstanding on such Conversion Date less than 2,000,000 Series AI Preferred Shares then, no Series AJ Preferred Shares shall be converted into Series AI Preferred Shares. |
| News: | ||
| See Credit Ratings | ||