Telus to sell 30-year fixed-rate notes through four bookrunners

By Devika Patel

Knoxville, Tenn., May 22 – Telus Corp. expects to price fixed-rate notes due 2049, according to a SUPPL filed with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Securities Inc., RBC Capital Markets LLC, TD Securities (USA) LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used to repay debt, including commercial paper and redeeming all or a portion of the company’s $1 billion of series CH notes, and for general corporate purposes.

Telus is a Vancouver, B.C.-based telecommunications company.

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