Bell Canada refinanced its existing credit facilities on May 7, 2009 by entering into a new $1,400,000,000 unsecured committed credit facility with a syndicate of financial institutions. Royal Bank of Canada acted as syndication agent and The Toronto-Dominion Bank acts as administrative agent of this new syndicated facility, which replaces BCE Inc.'s and Bell Canada's existing credit facilities, which matured in August 2009.
Bell Canada was represented internally by Martine Turcotte, executive vice-president and chief legal and regulatory officer and Ildo Ricciuto, assistant general counsel, financings and compliance, and by Jean G. Lamothe, Caroline Boutin and Catherine Grenier of Stikeman Elliott LLP.
Kenneth S. Atlas and Glen A. Bowman of Borden Ladner Gervais LLP acted for the syndicate of lenders.