08:46 AM EDT, 06/30/2025 (MT Newswires) -- TELUS ( TU ) (T.TO. TU) on Monday announced the results of its cash tender offers to purchase outstanding notes.

TELUS ( TU ) said about US$318.3 million combined aggregate principal amount of notes were validly tendered prior at the June 27 expiration date and not validly withdrawn.

In addition, US$789,000 combined aggregate principal amount of notes were tendered pursuant to the guaranteed delivery procedures.

TELUS ( TU ) previously priced its US$750 million of 4.6% notes due November 16, 2048 at US$834.11 per each US$1,000 principal amount of notes. Its US$500 million of 4.3% notes due June 15, 2049 was priced at US$788.18 per each US$1,000 principal amount of notes.

Separately, TELUS ( TU ) upsized an offering of debt securities from $600 million to an amount sufficient to accept all tendered 3.95% senior notes, Series CAB due February 2050; 4.10% senior notes, Series CAE due April 2051; and about $261.9 million principal amount of 4.40% senior notes, Series CU due January 2046.

TELUS ( TU ) said about $3.1 billion combined aggregate principal amount of notes were validly tendered on the June 27 expiration date of its offers for eight series of senior notes.

TELUS ( TU ) expects to accept for purchase $691.7 million aggregate principal amount of the 3.95% senior notes, Series CAB due February 2050; $421.9 million aggregate principal amount of the 4.10% senior notes, Series CAE due April 2051; and $261.9 million aggregate principal amount of the 4.40% senior notes, Series CU due January 2046.

The company said it will accept none of the tendered 4.40% senior notes, Series CL due April 2043; 2.85% senior notes, Series CAF due November 2031; 4.70% senior notes, Series CW due March 2048; 4.75% senior notes, Series CR due January 2045.

Pricing in respect of the notes is expected to occur June 30.