Telus Announces C$700 Million Debt Offering

Telus (TSE:T) has released an update.

Telus Corporation is set to issue up to C$700 million in 4.65% Notes, Series CAQ due August 13, 2031, facilitated by appointed agents on a best efforts basis. The debt securities will be offered under existing indentures, with the price set at C$999.11 per C$1,000 principal amount. This move comes after the filing of a prospectus with Canadian securities regulators, including a forthcoming prospectus supplement detailing the offering.

For further insights into TSE:T stock, check out TipRanks’ Stock Analysis page.