TELUS announces three-tranche note offering
5.25% Sustainability-Linked Notes, Series CAG due November 15, 2032 5.65% Notes, Series CAH due September 13, 2052 5.00% Notes, Series CAI due September 13, 2029 VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- TELUS announced today it has priced $2.0 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity. The notes are offered through a syndicate of agents led by CIBC Capital Markets, RBC Capital Markets and Scotiabank. Closing of the offering is expected to occur on or about September 13, 2022. The 5.25% Sustainability-Linked notes, Series CAG (the "Series CAG Notes"), were priced at $99.673 per $100 principal amount for an effective yield of 5.293% per annum until maturity , subject to a possible interest rate step-up, and will mature on November 15, 2032. The 5.65% notes, Series CAH, were priced at $99.613 per $100 principal amount for an effective yield of 5.677% per annum until maturity , and will mature on September 13, 2052.
TELUS announces three-tranche note offering
5.25% Sustainability-Linked Notes, Series CAG due November 15, 2032 5.65% Notes, Series CAH due September 13, 2052 5.00% Notes, Series CAI due September 13, 2029 VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- TELUS announced today it has priced $2.0 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity. The notes are offered through a syndicate of agents led by CIBC Capital Markets, RBC Capital Markets and Scotiabank. Closing of the offering is expected to occur on or about September 13, 2022. The 5.25% Sustainability-Linked notes, Series CAG (the "Series CAG Notes"), were priced at $99.673 per $100 principal amount for an effective yield of 5.293% per annum until maturity , subject to a possible interest rate step-up, and will mature on November 15, 2032. The 5.65% notes, Series CAH, were priced at $99.613 per $100 principal amount for an effective yield of 5.677% per annum until maturity , and will mature on September 13, 2052.