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Published on 6/19/2015 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

S&P gives Telus short-term CCR A-2

Standard & Poor's said it assigned its A-2 short-term corporate credit rating to Telus Corp. and its A-2 short-term issue-level rating to the $1 billion commercial paper program.

Telus’ existing ratings, including the BBB+ long-term corporate credit rating, are unchanged.

The outlook is stable.

"We base the rating on our BBB+ long-term CCR on Telus and our assessment of the company's liquidity as strong," S&P credit analyst Don Marleau said in a news release.


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