Telus Corp. Completes $1B Debt Offering

TELUS Corporation completed a public offering of $1 billion in aggregate principal amount of new senior unsecured notes, comprising $500-million aggregate principal amount of 3.20 per cent Series CO notes due on Apr. 5, 2021, and $500-million aggregate principal amount of 4.85 per cent Series CP notes due on Apr. 5, 2044.

The syndicate for the offering of the notes was co-led by TD Securities Inc., RBC Dominion Securities Inc. and Scotia Capital Inc.

TELUS was represented in-house by Monique Mercier, Executive Vice President, Chief Legal Officer and Corporate Secretary; Maria Preovolos, Associate General Counsel and Assistant Corporate Secretary; and Dennis Wong, Associate General Counsel; and in Canada by Norton Rose Fulbright Canada LLP with a team including Francis Legault, Pierre Dagenais, Denno Chen and Hoori Chitilian (corporate and securities/ M&A); and Adrienne Oliver and Jessica Lyn (tax). Paul, Weiss, Rifkind, Wharton & Garrison LLP represented TELUS in the US with a team including Andrew Foley, Christian Kurtz, Ian Hazlett and Emelia Baack (corporate and securities); and David Mayo and Jenna Harris (tax).

The syndicate for the offering of the notes was represented in Canada and in the US by Osler, Hoskin & Harcourt LLP with a team including Michael Innes, Rosalind Hunter and Arlene Mack (corporate and securities); Jason Comerford and Matthew Sadofsky (US securities); Kimberley Wharram (tax) and Kevin Colan (US tax).