tiprankstipranks
TELUS Prices $700M Senior Notes Offering for Debt Repayment
Company Announcements

TELUS Prices $700M Senior Notes Offering for Debt Repayment

Story Highlights

Telus (TSE:T) has released an update.

Don't Miss our Black Friday Offers:

TELUS has launched a $700 million note offering with a 7-year maturity, featuring 4.65% Series CAQ notes maturing in 2031. The proceeds from this offering will be used primarily for the repayment of existing debts, such as commercial paper and securitization trust loans, and for other general corporate expenses. This financial move is expected to close around August 13, 2024.

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

Related Articles
TheFlyTelus price target raised to C$25.50 from C$25 at Desjardins
TheFlyTelus price target raised to C$26 from C$25 at RBC Capital
TipRanks Auto-Generated NewsdeskTELUS Reports Strong Q3 Growth Amidst Competitive Market
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App