Financings
TELUS Announces Partial Redemption of 2.75% Notes, Series CZ due July 8, 2026

T · Price
Executive Summary
- TELUS announced a partial redemption of C$500 million of its 2.75% Notes, Series CZ due July 8, 2026, to be effected on May 8, 2026.
- The redemption will be funded with proceeds from the Fixed‑to‑Fixed Rate Junior Subordinated Notes offerings completed in December 2025.
- After the redemption, C$300 million of the original C$800 million principal will remain outstanding.
Key Details
- Partial Redemption Amount: C$500 million aggregate principal out of the C$800 million currently outstanding.
- Redemption Date: May 8, 2026 (notice given on March 9, 2026).
- Notes Redeemed: 2.75% Notes, Series CZ due July 8, 2026 (CUSIP 87971MBL6).
- Selection Method: Pro‑rata basis as per the indenture governing the notes.
- Redemption Price: To be calculated in accordance with the applicable indenture terms.
- Funding Source: Proceeds from TELUS’ Fixed‑to‑Fixed Rate Junior Subordinated Notes offerings completed in December 2025.
- Remaining Outstanding Principal after Redemption: C$300 million.
Notable Quotes
(No executive quotes were included in the release.)
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Jun 23, 2026 · 10:12