VANCOUVER, BC , June 27, 2025 /PRNewswire/ - TELUS Corporation (the "Company") announced today the pricing terms of its previously announced separate offers (the "Offers") to purchase for cash up to the Maximum Purchase Amount (as defined below) of its outstanding notes of the series listed in the table below (collectively, the "Notes"). The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 20, 2025 relating to the Notes (the "Offer to Purchase") and the notice of guaranteed delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Tender Offer Documents").
VANCOUVER, BC , June 27, 2025 /PRNewswire/ - TELUS announced today it has successfully closed its previously announced offering of US$1.5 billion aggregate principal amount of Fixed-to-Fixed Rate Junior Subordinated Notes (the "Notes") in two series. The Notes were offered through a syndicate of underwriters led by J.P Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC.
VANCOUVER, BC , June 24, 2025 /PRNewswire/ - TELUS announced today it has priced an offering of US$1.5 billion aggregate principal amount of Fixed-to-Fixed Rate Junior Subordinated Notes in two series (together, the "Notes"). The US$700 million Fixed-to-Fixed Rate Junior Subordinated Notes, Series A due October 15, 2055 will initially bear interest at an annual rate of 6.625% and reset every five years starting on October 15, 2030 at an annual rate equal to the Five-Year U.S. Treasury rate plus a spread of 2.769%, provided that the interest rate during any five-year interest period will not reset below 6.625%.
Telecommunications Services Industry | Communication Services Sector | Darren Entwistle LL.D., CEO | XHAN Exchange | CA87971M1032 ISIN |
CA Country | 106,800 Employees | - Last Dividend | 18 Mar 2020 Last Split | - IPO Date |
TELUS Corporation, originally known as TELUS Communications Inc., underwent a name change in February 2005 and has been actively providing a wide array of telecommunications and information technology services in Canada since its incorporation in 1998. With headquarters in Vancouver, the company operates through two main segments: Technology Solutions and Digitally-Led Customer Experiences. These segments cater to a diverse range of customer needs, spanning from telecommunications products and services to digital customer experience solutions, emphasizing the company's commitment to innovation and quality in the digital and technological landscapes.
Includes a comprehensive array of solutions such as network services, data services like internet protocol, television, mobile and fixed voice, and data telecommunications. TELUS aims to meet the diverse connectivity needs of its consumer and business customers.
Provides integrated healthcare IT solutions, ensuring efficient and reliable healthcare management for professionals and institutions.
Offers the latest in mobile technology, facilitating seamless communication and productivity on the go.
Delivers robust and scalable hosting, managed IT solutions, and cloud services that empower businesses with the flexibility to grow and adapt to market changes.
Provides innovative software and analytics solutions aimed at enhancing the efficiency and sustainability of food-chain and consumer goods sectors.
Offers comprehensive security solutions, protecting homes and businesses against a range of security threats with cutting-edge technology.
Develops and implements advanced healthcare software and technology solutions, improving patient care and operational efficiency.
Focuses on transforming customer experiences through digital innovation, including artificial intelligence and content management solutions, thus guiding businesses through their digital transformation journey.