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TELUS will buy back C$1.1 billion in bonds by Dec. 11, 2025, with payments based on Canadian yields.
TELUS Corporation announced it will accept tendered notes totaling C$1.87 billion across seven debt series by December 11, 2025, with full acceptance for five series—2050, 2051, 2046, 2043, and 2048—amounting to C$1.1 billion.
No notes from the 2031 or 2045 series will be accepted.
Payment per C$1,000 principal will be based on a fixed spread and yields from Canadian reference securities as of December 12, excluding accrued interest.
The financing condition was met via concurrent CAD$800 million junior subordinated note offerings.
Final pricing and settlement are pending, with expected settlement on December 16.
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TELUS recomprará C $ 1.1 mil millones en bonos para el 11 de diciembre de 2025, con pagos basados en rendimientos canadienses.