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General

Telus starts USD 500 mln offering of notes due 2049

Thursday 23 May 2019 | 15:45 CET | News
Canadian operator Telus has started an offering of USD 500 million worth of senior unsecured notes with a maturity of 30 years. The notes were priced at USD 99.048 per unit, with an effective yield of 4.357 percent. They will mature on 15 June 2049. The company said it will use money raised to back debt, including part of its CAD 1.0 billion worth of 5.05 percent notes due 23 July 2020. The rest will go towards general corporate purposes. 

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Categories: General
Companies: Telus
Countries: Canada
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