Core Viewpoint - TELUS Corporation has announced the results of its cash tender offers for certain series of its outstanding notes, increasing the maximum purchase amount to accommodate all tendered 3.95% Senior Notes, Series CAB and 4.10% Senior Notes, Series CAE in full, along with a portion of the 4.40% Senior Notes, Series CU [1][6] Summary by Sections Offers - The offers were made under the terms set forth in the Offer to Purchase dated June 20, 2025 [2] Tender Results - A total of C$3,108,424,000 in principal amount of the notes was validly tendered before the expiration date of June 27, 2025 [3] Notes Information - The following series of notes were included in the offers: - 3.95% Senior Notes, Series CAB due February 2050: C$800 million outstanding, C$691.7 million tendered - 4.10% Senior Notes, Series CAE due April 2051: C$500 million outstanding, C$421.9 million tendered - 4.40% Senior Notes, Series CU due January 2046: C$500 million outstanding, C$436.5 million tendered, C$261.9 million accepted on a pro rata basis [4][6] Total Consideration - The total consideration for each series of notes will be based on the applicable fixed spread plus the yield based on the bid-side price of the applicable Canadian reference security [5] Acceptance Amounts - The company expects to accept C$691.7 million of the 3.95% Senior Notes, C$421.9 million of the 4.10% Senior Notes, and C$261.9 million of the 4.40% Senior Notes, with no acceptance for several other series [6] Financing Condition - The financing condition for the offers has been satisfied due to the closing of a previously announced offering of junior subordinated notes totaling US$1.5 billion [7] Pricing and Settlement - Pricing for the notes is expected to occur on June 30, 2025, with the settlement date anticipated to be July 3, 2025 [8][9] Dealer Managers - The company has retained several financial institutions as lead dealer managers for the offers [10] Termination of Offers - If any offer is terminated, the company will promptly notify the tender agent, and all tendered notes will be returned to the holders [11] Company Overview - TELUS is a leading communications technology company with over C$20 billion in annual revenue and more than 20 million customer connections [15]