TELUS COMPLETES $1.7B DEBT OFFERING

TELUS Corporation completed a public offering of $1.7 billion in aggregate principal amount of new senior unsecured notes, comprising $1.1-billion aggregate principal amount of 3.35 per cent Series

CK notes due on April 1, 2024, and $600-million aggregate principal amount of 4.40 per cent Series CL notes due on April 1, 2043.

The syndicate for the offering of the notes was co-led by CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc.

TELUS was represented in-house by Monique Mercier, senior vice-president, chief legal officer and corporate secretary, Maria Preovolos, associate general counsel, and Dennis Wong, associate general counsel; and in Canada by Norton Rose Fulbright Canada LLP with a team that included Francis Legault, Pierre Dagenais, Denno Chen, Hoori Chitilian and Daniel Pearlman (securities, corporate/M&A); and Adrienne Oliver and Brian Milne (tax). Skadden, Arps, Slate, Meagher & Flom LLP represented TELUS in the US with a team that included Richard Aftanas, Phyllis Korff and Eric Kubilus (corporate finance) and Jane Meisel and Eunjoo Chung (tax).

The agents for the offering of the notes were represented in Canada and in the US by Osler, Hoskin & Harcourt LLP with a team that included Michael Innes, Blair Wiley and Courtney Ashton (securities/corporate); Jason Comerford (US securities); Lara Friedlander (tax) and Kevin Colan (US tax).