TELUS closes its US$ junior subordinated notes offering

Core Viewpoint - TELUS has successfully closed an offering of US$1.5 billion in Fixed-to-Fixed Rate Junior Subordinated Notes to fund its tender offers and other corporate purposes [1][2] Group 1: Offering Details - The offering consists of two series of Notes, with a total principal amount of US$1.5 billion [1] - The underwriters for the offering include J.P Morgan Securities LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC [1] Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used to fund TELUS' previously announced tender offers [2] - If any tender offer is not completed, the remaining proceeds will be allocated for debt repayment and other general corporate purposes [2] Group 3: Company Overview - TELUS operates in over 45 countries and generates more than C$20 billion in annual revenue, serving over 20 million customer connections [7] - The company is focused on leveraging technology for positive human outcomes and is recognized for its commitment to client service excellence and social capitalism [7] - TELUS Health impacts over 150 million lives globally through innovative health technologies, while TELUS Agriculture & Consumer Goods enhances connections between producers and consumers using digital technologies [7]