BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling - S&P Global Ratings’ Credit Research

BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling

BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling - S&P Global Ratings’ Credit Research
BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling
Published Jun 23, 2008
569 words — Published Jun 23, 2008
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Abstract:

TORONTO (Standard&Poor's) June 23, 2008--Standard&Poor's Ratings Services today said its ratings on Montreal-based telecommunications provider BCE Inc. and related entities, including the 'BB-' corporate credit ratings, will remain on CreditWatch with negative implications. The ratings were placed on CreditWatch April 17. "Today's CreditWatch update follows the Supreme Court of Canada's June 20 ruling to set aside the decision of the Court of Appeal of Quebec and affirm the Quebec trial judge's previous decision to approve the plan of arrangement," said Standard&Poor's credit analyst Madhav Hari. The proposed leveraged buyout by a consortium of private equity investors led by Toronto-based Teachers Private Capital would lead to about C$30 billion in additional debt, resulting in a

  
Brief Excerpt:

RESEARCH BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling Publication date: 23-Jun-2008 Primary Credit Analyst: Madhav Hari, CFA, Toronto (1) 416-507-2522; madhav_hari@standardandpoors.com TORONTO...

  
Report Type:

Ratings Action

Ticker
BCE@CN
Issuer
GICS
Integrated Telecommunication Services (50101020)
Sector
Corporations, Global Issuers, High Technology, Telecommunications & Cable
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling" Jun 23, 2008. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BCE-Inc-Subsidiaries-Remains-On-CreditWatch-Negative-On-Supreme-Court-of-Canada-Ruling-655574>
  
APA:
S&P Global Ratings’ Credit Research. (). BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling Jun 23, 2008. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BCE-Inc-Subsidiaries-Remains-On-CreditWatch-Negative-On-Supreme-Court-of-Canada-Ruling-655574>
  
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