BCE INC

Bell Canada, guaranteed by BCE Inc., is issuing US$650,000,000 in aggregate principal amount of 5.450% Series US-11 Notes due 2036. The underwriting agreement was signed on May 27, 2026, with BofA Securities, Inc., Citigroup Global Markets Inc., RBC Capital Markets, LLC, and Wells Fargo Securities, LLC acting as representatives for the underwriters. The notes will be issued pursuant to an existing indenture dated September 12, 2016.

Bell Canada, guaranteed by BCE Inc., announced public offerings totaling Cdn $1.6 billion in Canadian MTN Debentures and US $650 million in U.S. senior notes. The Canadian offering includes two series of debentures maturing in 2036 and 2056, with yields of 4.723% and 5.329% respectively. The U.S. offering consists of notes maturing in 2036 with a yield of 5.461%. The company intends to use the net proceeds primarily to repurchase, redeem, or repay existing debt, including those from ongoing tender offers, and for general corporate purposes.

BCE Inc. held its Annual General Meeting of Shareholders on May 7, 2026, where all 13 nominated directors were successfully elected. Shareholders also approved the appointment of Ernst & Young LLP as the Corporation's auditors and passed the advisory resolution on executive compensation. A shareholder proposal aimed at increasing participation in annual general meetings was rejected by a significant majority.

BCE Inc. reported Q1 2026 operating revenues of $6,168 million, a 4.0% increase year-over-year, driven by growth in both service and product revenues. Net earnings decreased 2.3% to $667 million, and EPS declined to $0.66. The company announced a partnership to develop a new 300 MW AI data center in Saskatchewan, expected to require $1.7 billion in capital expenditures, and agreed to sell its land mobile radio networks services business for $675 million. BCE also completed public debt offerings totaling $2.25 billion.