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TELUS closes its US$ junior subordinated notes offering
TELUS closes its US$ junior subordinated notes offering Canada NewsWire VAN...
About this update from Telus Corporation
[{"type":"text","content":"\n\n\n\n TELUS closes its US$ junior subordinated notes offering\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n June 27, 2025\n \n\n /CNW/ - TELUS announced today it has successfully closed its previously announced offering of\n \n US$1.5 billion\n \n 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.\n \n\n\n\n\n\n\n\n\n The net proceeds of the offering will be used to fund TELUS' previously announced tender offers. In the event that any tender offer is not consummated or not all of the net proceeds are used to fund the tender offers, TELUS intends to use the remaining net proceeds from the offering for the repayment of debt, including commercial paper (incurred for general corporate purposes), and for other general corporate purposes.\n \n\n This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities offered have not been approved or disapproved by any securities regulatory authority in\n \n Canada\n \n or\n \n the United States\n \n , nor has any authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement.\n \n\n Copies of the short form base shelf prospectus and the prospectus supplement relating to the offering of the Notes filed with the US Securities and Exchange Commission may be obtained from the Chief Legal and Governance Officer of TELUS at 510 W. Georgia St., 23rd Floor,\n \n Vancouver, British Columbia\n \n V6B 0M3 (telephone 604-695-6420). Copies of these documents are available electronically on the Electronic Data Gathering, Analysis, and Retrieval system, administered by the US Securities and Exchange Commission (\"EDGAR\") at\n \n\n www.sec.gov\n \n\n . Investors should read the short form base shelf prospectus and prospectus supplement bef...