Bell Aliant to redeem $400 million of 4.95 per cent medium term notes

Bell Aliant to redeem $400 million of 4.95 per cent medium term notes 
HALIFAX, June 14, 2013 /CNW/ - Bell Aliant Inc. ("Bell Aliant") (TSX:BA) today 
announces the closing of the issue by Bell Aliant Regional Communications, 
Limited Partnership ("Bell Aliant LP"), on an agency basis, of $400 million 
principal amount of 3.54 per cent medium term notes (the "Notes"). BMO Capital 
Markets, RBC Capital Markets and Desjardins Securities acted as co-lead 
managers and BMO Capital Markets and RBC Capital Markets acted as joint 
bookrunners for the offering. 
As previously announced, the net proceeds from this issue will be used to 
redeem in their entirety the 4.95 per cent medium term notes due February 
26, 2014 (the "2014 Notes") and for general corporate purposes. Today, Bell 
Aliant LP has given a notice to the registered holders of the 2014 Notes that 
it will redeem on June 25, 2013 (the "Redemption Date"), the full $400 million 
principal amount outstanding, of the 2014 Notes. 
The 2014 Notes called for redemption will be redeemed on the Redemption Date 
at a redemption price equal to the greater of the Canada Yield Price and their 
principal amount, together with accrued and unpaid interest to, but excluding, 
the Redemption Date. 
Pursuant to the terms of the trust indenture governing the 2014 Notes, the 
Canada Yield Price is a price equal to the price of the 2014 Notes calculated 
to provide a yield to maturity equal to the Government of Canada Yield plus 
0.22 per cent on the third business day prior to the Redemption Date. The 
Government of Canada Yield is, on any date, the yield to maturity on such 
date, compounded semi-annually, which a non-callable Government of Canada Bond 
would carry if issued, in Canadian dollars in Canada, at 100 per cent of its 
principal amount on such date with a term to maturity equal to the remaining 
term to maturity of the 2014 Notes. The Government of Canada Yield used to 
calculate the redemption price of the 2014 Notes will be the average of the 
rates calculated by two registered Canadian investment dealers selected by 
Bell Aliant LP. 
Forward-looking statements 
This news release contains forward-looking statements concerning future events 
and expectations, specifically relating to the planned use of the proceeds 
from the Notes issuance to redeem the 2014 Notes. These statements describe 
management's expectations at June 14, 2013.These statements are based on 
management's beliefs regarding future events, and are subject to risks and 
uncertainties that are beyond management's control. Therefore, actual events 
may differ materially from what is predicted. Assumptions made and risk 
factors considered in preparing our forward-looking statements are discussed 
in detail in the annual management's discussion and analysis of each of Bell 
Aliant Inc. and Bell Aliant Regional Communications Inc. for the year ended 
December 31, 2012, as well as in Bell Aliant Inc.'s and Bell Aliant Regional 
Communications Inc.'s annual information forms, which are available at or at The planned use of proceeds from 
issuance of the Notes is also subject to the satisfaction of all requirements 
to enable redemption of the 2014 Notes. All forward-looking statements in this 
news release are qualified by these cautionary statements, and there can be no 
assurance that the results or events predicted will be realized. Except as may 
be required by Canadian securities laws, Bell Aliant disclaims any intention 
and assumes no obligation to update or revise any forward-looking statement, 
even if new information becomes available, as a result of future events or for 
any other reason. Readers should not place undue reliance on any 
forward-looking statements. 
About Bell Aliant 
Bell Aliant (TSX: BA) is one of North America's largest regional 
communications providers and the first company in Canada to cover an entire 
city with fibre-to-the-home (FTTH) technology with its FibreOP services. 
Through its operating entities it serves customers in six Canadian provinces 
with innovative information, communication and technology services including 
voice, data, Internet, video and value-added business solutions. Bell Aliant's 
employees deliver the highest quality of customer service, choice and 
Media Relations Sarah Dawson 888-482-5541 
Investor Relations Zeda Redden 877-487-5726 
SOURCE: Bell Aliant Inc. 
To view this news release in HTML formatting, please use the following URL: 
CO: Bell Aliant Inc.
ST: New Brunswick
-0- Jun/14/2013 13:02 GMT
Press spacebar to pause and continue. Press esc to stop.