TELUS Corporation Completes C$1.75 Billion Debt Offering

March 27, 2015

Client: TELUS Corporation

On March 27, 2015, TELUS Corporation completed a public offering of C$1.75 billion in aggregate principal amount of new senior unsecured notes, comprising C$250 million aggregate principal amount of 1.50% Series CS notes due on March 27, 2018, C$1 billion aggregate principal amount of 2.35% Series CT notes due on March 28, 2022 and C$500 million aggregate principal amount of 4.40% Series CU notes due on January 29, 2046.

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

TELUS was represented in-house by Monique Mercier, Executive Vice-President, Corporate Affairs, Chief Legal Officer and Corporate Secretary, Michel Belec, Senior Vice-President, Legal Services, 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 (Securities, Corporate/M&A), Pierre Dagenais (Securities, Corporate/M&A), Denno Chen (Securities, Corporate/M&A), Kaitlind de Jong (Securities, Corporate/M&A), Adrienne Oliver (Tax) and Michael Wong (Tax).