DBRS Assigns BBB (high) Rating to Bell Aliant’s $1.0 Billion Notes Program

DBRS has today assigned a BBB (high) rating with a Stable trend to Bell Aliant Regional Communications, Limited Partnership’s (Bell Aliant or the Company) Medium-Term Notes (MTN) program as per the final Short Form Base Shelf Prospectus filed on January 16, 2012.

Any issuance of debt under this $1.0 billion MTN program will be direct, unsecured obligations of Bell Aliant and will rank pari passu with all other current unsecured and future unsecured and unsubordinated indebtedness of Bell Aliant. Any MTNs will be issued under the Company’s September 14, 2006, trust indenture as supplemented on January 1, 2011.

As ratings are subject to change, subsequent assignment of ratings for Bell Aliant will be provided by DBRS as MTNs are issued under this program.

Note:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating the Communications Industry, which can be found on our website under Methodologies.