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Bottom shelf prospectus is on the market, and prospectus complement can be obtainable for CAD$ providing inside of two industry days, via SEDAR+
VANCOUVER, BC, Dec. 4, 2025 /PRNewswire/ – TELUS introduced lately it has priced an providing of US$1.5 billion combination essential quantity of Fastened-to-Fastened Price Juvenile Subordinated Notes in two line (in combination, the “US Notes”).
The USA$800 million Fastened-to-Fastened Price Juvenile Subordinated Notes, Sequence C due June 9, 2056 will first of all undergo passion at an annual price of 6.375% and reset each and every 5 years initiation on June 9, 2031 at an annual price equivalent to the 5-Occasion U.S. Treasury price plus a variety of two.694%, only if the rate of interest right through any five-year passion length won’t reset under 6.375%. The USA$700 million Fastened-to-Fastened Price Juvenile Subordinated Notes, Sequence D due June 9, 2056 will first of all undergo passion at an annual price of 6.625% and reset each and every 5 years initiation on June 9, 2036 at an annual price equivalent to the 5-Occasion U.S. Treasury price plus a variety of two.515%, only if the rate of interest right through any five-year passion length won’t reset under 6.625%.
The USA Notes are presented via a syndicate of underwriters led through CIBC Capital Markets, BMO Capital Markets, TD Securities and Wells Fargo Securities. Terminating of the providing is anticipated to happen on or about December 9, 2025, topic to the pleasure of commonplace utmost statuses.
TELUS additionally introduced lately it has priced an providing of CAD$800 million combination essential quantity of Fastened-to-Fastened Price Juvenile Subordinated Notes in two line (in combination, the “Canadian Notes”).
The CAD$400 million Fastened-to-Fastened Price Juvenile Subordinated Notes, Sequence CAT due June 9, 2056 will first of all undergo passion at an annual price of five.375% and reset each and every 5 years initiation on June 9, 2031 to an annual price equivalent to the usual five-year Executive of Canada price plus a variety of two.470%, only if the rate of interest right through any five-year passion length won’t reset under 5.375%. The CAD$400 million Fastened-to-Fastened Price Juvenile Subordinated Notes, Sequence CAU due June 9, 2056 will first of all undergo passion at an annual price of five.875% and reset each and every 5 years initiation on June 9, 2036 to an annual price equivalent to the usual five-year Executive of Canada price plus a variety of two.555%, only if the rate of interest right through any five-year passion length won’t reset under 5.875%.
The Canadian Notes are presented via a syndicate of brokers led through CIBC Capital Markets, BMO Capital Markets and TD Securities. Terminating of the providing is anticipated to happen on or about December 9, 2025, topic to the pleasure of commonplace utmost statuses.
A portion of the online proceeds of the United States Notes and Canadian Notes choices can be impaired to investmrent the gentle trade in, which commenced on December 4, 2025, to buy for money as much as $500 million (the “Maximum Purchase Amount”) of TELUS’ remarkable 3.95% Notes, Sequence CAB due February, 2050, 4.10% Notes, Sequence CAE due April, 2051, 4.40% Notes, Sequence CU due January, 2046, 4.40% Notes, Sequence CL due April, 2043, 4.70% Notes, Sequence CW due March, 2048, 2.85% Notes, Sequence CAF due November, 2031 and four.75% Notes, Sequence CR due January, 2045 (the “Tender Offer”). TELUS has the best to extend, trim or waive the Most Acquire Quantity, in its sole discretion. TELUS intends to importance the residue web proceeds from the choices no longer carried out to the Gentle Trade in for the compensation of remarkable indebtedness, together with the redemption of all the $600 million combination essential quantity remarkable on TELUS’ 3.75% Notes, Sequence CV due March, 2026 and for alternative normal company functions.
The USA Notes can be additional described within the prospectus complement that TELUS can be submitting to its snip method bottom shelf prospectus dated December 4, 2025 with the Securities and Trade Fee as a part of an efficient shelf registration commentary on Mode F-10. The USA Notes aren’t being presented in Canada or to any resident of Canada except for in transactions immune from the prospectus necessities of acceptable Canadian securities regulations.
The Canadian Notes can be additional described within the prospectus complement that TELUS can be submitting to its snip method bottom shelf prospectus dated December 4, 2025 with securities regulatory government in every of the provinces of Canada. The Canadian Notes aren’t being presented in the USA or to any resident of the USA.
This information reduce does no longer represent an trade in to promote or the solicitation of an trade in to shop for the securities in any jurisdiction. The securities being presented have no longer been licensed or disapproved through any securities regulatory authority in Canada or the USA, nor has any authority handed upon the accuracy or adequacy of the snip method bottom shelf prospectus or the prospectus complement.
Copies of the snip method bottom shelf prospectus and the prospectus dietary supplements in relation to the providing of the United States Notes and Canadian Notes when filed with securities regulatory government in the USA and Canada, respectively, is also got from the Felony and Governance Officer of TELUS at 510 W. Georgia St., twenty third Flooring, Vancouver, British Columbia V6B 0M3 (phone 604-695-6420). Copies of those paperwork are, or can be, to be had electronically, as acceptable, at the Digital Knowledge Amassing, Research, and Retrieval device, administered through the United States Securities and Trade Fee (“EDGAR”) at www.sec.gov, and at the Device for Digital Knowledge Research and Retrieval+ of the Canadian Securities Directors (“SEDAR+”), at www.sedarplus.ca. Buyers must learn the snip method bottom shelf prospectus and prospectus dietary supplements prior to investing determination. Get admission to to the prospectus complement and the bottom shelf prospectus, and any amendments thereto, is equipped based on securities regulation in relation to the procedures for offering get entry to to such paperwork.
Ahead-Having a look Statements
This information reduce comprises statements about destiny occasions concerning the choices and the Gentle Trade in, together with the expected utmost pace of the choices and the meant importance of the online proceeds of the choices. Through their nature, forward-looking statements require us to form guesses and predictions and are topic to inherent dangers and uncertainties together with dangers related to capital and debt markets. The timing and utmost of the above-mentioned choices and the Gentle Trade in are topic to commonplace utmost statuses and alternative dangers and uncertainties. Readers are cautioned to not playground undue reliance on forward-looking statements as quite a few elements may just purpose untouched destiny efficiency and occasions to vary materially from the ones described within the forward-looking statements. Accordingly, this information reduce is topic to the disclaimer and the {qualifications} and possibility elements as put forth in our 2024 annual control’s dialogue and research (“MD&A”), and up to date in our 3rd quarter 2025 MD&A, and in alternative TELUS community disclosure paperwork and filings with securities commissions in Canada (on SEDAR+ at sedarplus.ca) and in the USA (on EDGAR at sec.gov). The forward-looking statements contained on this information reduce describe our expectancies on the pace of this information reduce and, accordingly, are topic to modify then such pace. Aside from as required through legislation, TELUS disclaims any goal or legal responsibility to replace or revise forward-looking statements.
About TELUS
TELUS (TSX: T, NYSE: TU) is a world-leading communications era corporate running in additional than 45 international locations and producing over C$20 billion in annual income with greater than 20 million buyer connections via our complicated suite of broadband products and services for customers, companies and the community sector. We’re dedicated to leveraging our era to allow important human results. TELUS is striking our consumers and communities first, main the best way globally in shopper provider excellence and social capitalism. TELUS Condition is bettering greater than 160 million lives throughout 200 international locations and territories via leading edge preventive drugs and well-being applied sciences. TELUS Agriculture & Shopper Items makes use of virtual applied sciences and information insights to optimize the relationship between manufacturers and customers. TELUS Virtual focuses on virtual buyer reports and future-focused virtual transformations that ship worth for his or her world purchasers. Guided through our enduring ‘give the place we are living’ philosophy, TELUS, our group participants and retirees have contributed C$1.8 billion in money, in-kind contributions, future and methods together with 2.4 million days of provider since 2000, incomes us the honour of the sector’s maximum giving corporate.
Investor Members of the family
Robert Mitchell
[email protected]
Media Members of the family
Steve Beisswanger
[email protected]
SOURCE TELUS Company
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