TELUS Corporation Announces Full Redemption of 3.75% Notes Series CV Set for Early 2026

TELUS Corporation to Fully Redeem 3.75% Notes Series CV

In a significant financial announcement, TELUS Corporation, a global leader in communications technology, declared its intention to fully redeem its outstanding series of 3.75% Notes (Series CV) amounting to C$600 million, which are set to mature on March 10, 2026. This move will take place on January 16, 2026, reflecting the company's strategy to manage its debt effectively.

Details of the Redemption

The official notice of redemption states that the price for the notes will be determined according to the terms outlined in the applicable indenture. The redemption process is a strategic decision aimed at solidifying TELUS's financial standing and enhancing its operational flexibility.

This action comes as part of TELUS’s broader financial strategy to optimize its capital structure while maintaining a strong investment-grade credit profile. By redeeming these notes ahead of their maturity, TELUS not only curtails its interest obligations but also prepares itself to potentially reinvest capital into innovative projects that resonate with its core mission of delivering excellent customer service and technological advancement.

TELUS: A Snapshot

Founded in 1990 and headquartered in Vancouver, British Columbia, TELUS Corporation operates in more than 45 countries, generating over C$20 billion in annual revenue. The company serves over 20 million customer connections and is celebrated for its commitment to capitalizing on technology to create remarkable human outcomes. TELUS Health enhances the lives of over 160 million individuals across 200 countries through innovative healthcare technologies, while TELUS Agriculture and Consumer Goods strives to bridge the gap between producers and consumers using digital insights.

The company’s dedication to community service is evident in its remarkable contributions; since 2000, TELUS and its employees have donated C$1.8 billion in cash and in-kind contributions, spending over 2.4 million days serving their communities.

Looking Ahead

The decision to redeem the 3.75% Notes is indicative of TELUS’s commitment to financial prudence and its fostering of sustainable growth. Investors and stakeholders will be keenly watching the developments that follow this announcement, as the implications may extend beyond just the redemption of these notes.

Investors are encouraged to stay informed about further updates, as TELUS continues to leverage its expansive resources and technological capabilities to excel in the competitive telecommunications landscape. Furthermore, the company emphasizes a long-lasting commitment to responsible corporate practices and community engagement, building on its reputation as one of the world’s most giving companies.

As TELUS moves forward, its focus will remain steadfast on innovation, customer satisfaction, and community welfare. Future announcements regarding its upcoming projects and initiatives are expected to reveal how the company will utilize its resources post-redemption effectively.

For those interested in understanding more about TELUS’s share performance and future outlook, they may want to monitor upcoming investor relations materials and news releases.

A detailed timeline regarding further actions related to this redemption will be made available on TELUS's official platforms as they unfold, ensuring all stakeholders have access to the necessary information in a timely manner.

Stay connected with TELUS for further updates: @TELUSNews on X and @Darren_Entwistle on Instagram.