07:12 AM EDT, 06/17/2025 (MT Newswires) -- TELUS ( TU ) overnight Monday said it priced a $800 million re-opening of its fixed-to-fixed rate junior subordinated notes, Series CAR and Series CAS, each with a long 30-year maturity.

The offering is expected on or about June 19.

The re-opened 6.25% fixed-to-fixed rate junior subordinated notes, Series CAR, is priced at $102.625 per $100 principal amount for a re-opening yield of 5.612% per annum until July 21, 2030. Whereas the re-opened 6.75% fixed-to-fixed rate junior subordinated notes, Series CAS, is priced at $104.500 per $100 principal amount for a re-opening yield of 6.127% per annum until July 21, 2035.

The company expects proceeds to be used to reduce outstanding debt and for other general corporate purposes.

U.S.-listed shares of the company were last seen up 0.7% at $16.25 in pre-market trading.