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Telus plans to sell 10-year fixed-rate notes through four bookrunners
By Devika Patel
Knoxville, Tenn., March 1 – Telus Corp. expects to price fixed-rate senior notes due 2027, according to a SUPPL filed with the Securities and Exchange Commission.
The notes may be redeemed at the greater of the discounted value of the notes and par, and then are callable at par.
BofA Merrill Lynch, BMO Capital Markets Corp., CIBC Capital Markets and RBC Capital Markets Corp. are the bookrunners.
Proceeds will be used to repay at maturity Telus' series CD notes due March 2017, to repay a portion of outstanding commercial paper and for general corporate purposes.
Telus is a Vancouver, B.C.-based telecommunications company.
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