TELUS Corp. completes $750M debt offering

On March 1, 2018, TELUS Corp. completed a public offering of $750 million in aggregate principal amount of new senior unsecured notes. The notes comprised $150 million aggregate principal 4.70 per cent series CW notes, due on March 6, 2048, as well as $600 million aggregate principal 3.625 per cent senior unsecured series CX notes, due on March 1, 2028. The notes were offered through a syndicate of agents co-led by Scotia Capital Inc., TD Securities Inc. and BMO Nesbitt Burns Inc.

TELUS was represented in-house by Monique Mercier, Executive Vice-President, Corporate Affairs and Chief Legal & Governance Officer, Andras Vagvolgyi, Vice President — Legal Services, Christopher Main, Associate General Counsel and Assistant Corporate Secretary, and Dennis Wong, Associate General Counsel, and by Norton Rose Fulbright Canada LLP with a team that included Pierre Dagenais, Seemal Patel, Sean Williamson and Victoria Riley (corporate and securities), and Adrienne Oliver and Riley Burr (tax).

The syndicate for the offering was represented by Osler, Hoskin & Harcourt LLP with a team of Michael Innes, Arlene Mack, Kai Sheffield and Charlie Zilvytis (corporate and securities), and Tim Hughes (tax).