Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research BCE Inc.

Summary: BCE Inc.

Published Dec 14, 2007

1217 words — Published Dec 14, 2007

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About This Report

Abstract:

The ratings on Montreal-based BCE Inc. and its related entities remain on CreditWatch with negative implications, pending the completion of the company's leveraged buyout (LBO) by a consortium of private equity investors led by Toronto-based Teachers Private Capital as announced on June 30, 2007. As a result of the proposed LBO, Standard&Poor's Ratings Services expects reported debt to increase to about C$37 billion from about C$10 billion at Sept. 30, 2007. We originally placed the ratings on CreditWatch April 17, 2007. Subsequently, we lowered the ratings on BCE and its wholly owned subsidiaries to 'BB-' from 'A-' and kept them on CreditWatch Sept. 24, 2007. This was an interim step, following BCE's Sept. 21, 2007, announcement that its

Brief Excerpt:

RESEARCH Summary: BCE Inc. Publication date: 14-Dec-2007 Primary Credit Analyst: Madhav Hari, CFA, Toronto (1) 416-507-2522; madhav_hari@standardandpoors.com Secondary Credit Analyst: Greg Pau, Toronto (1) 416-507-2518; greg_pau@standardandpoors.com...

Report Type:

Summary

Ticker

BCE@CN

Issuer

BCE Inc.

GICS

Integrated Telecommunication Services (50101020)

Sector

Global Issuers, Structured Finance

Country

Canada

Region

Canada

Format:

HTML

BCE Inc. And Subsidiaries Remain On Watch Negative On Denied LBO Plan – 2008/05/22 – US$ 150.00

Research Update: BCE Inc. And Subsidiaries Kept On CreditWatch Negative On Denied LBO Plan – 2008/05/22 – US$ 225.00

BCE Inc., Subsidiaries Remains On CreditWatch Negative On Supreme Court of Canada Ruling – 2008/06/23 – US$ 150.00

Research Update: BCE Inc. And Subsidiaries Still On Watch Negative On Supreme Court of Canada Decision – 2008/06/23 – US$ 225.00

BCE Inc. CreditWatch Implications Revised To Developing On Doubtful LBO – 2008/11/26 – US$ 150.00

BCE Inc. – 2007/12/14 – US$ 500.00

BCE Inc. Ratings Remain On CreditWatch Negative Pending Completion Of LBO – 2007/12/12 – US$ 150.00

Research Update: BCE Inc., Subsidiaries Ratings Kept On CreditWatch Negative Pending LBO Completion – 2007/12/12 – US$ 225.00

BCE Inc., Bell Canada Ratings Lowered And Still On CreditWatch Pending LBO – 2007/09/24 – US$ 150.00

Research Update: BCE Inc., Bell Canada Downgraded, Remain On CreditWatch Pending LBO Results – 2007/09/24 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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. "Summary: BCE Inc." Dec 14, 2007. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-BCE-Inc-619949>

APA:	S&P Global Ratings’ Credit Research. (). Summary: BCE Inc. Dec 14, 2007. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-BCE-Inc-619949>

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