06:22 AM EDT, 06/30/2025 (MT Newswires) -- TELUS ( TU ) (T.TO. TU) late on Friday priced cash tender offers to purchase outstanding notes.

The company's US$750 million of 4.6% notes due November 16, 2048 was priced at US$834.11 million, and its US$500 million of 4.3% notes due June 15, 2049bwas priced at US$788.18 million.

The offers expired on June 27. Settlement for all notes will be four business days after the expiration date, expected to be July 3.

Holders whose notes are accepted for purchase in the offers will receive the applicable total consideration for each US$1,000 of notes in cash on the settlement date.

In addition, holders will receive a cash payment equal to the accrued and unpaid interest on the notes.