A&O Shearman advises underwriters on TELUS Corporation’s USD1.5 billion hybrid notes offering

TELUS concurrently but separately offered CAD800m of hybrid notes in a Canadian public offering and also offered to purchase for cash seven series of its CAD-denominated notes from holders outside of the U.S. proceeds from both hybrid notes offerings were used to finance the tender offers.

TELUS is a dynamic, world-leading communications technology company with more than USD20bn in annual revenue and over 19 million customer connections spanning wireless, data, intellectual property, voice, television, entertainment, video, and security.

The A&O Shearman team was led by partners Ryan Robski (Toronto/New York, Capital Markets) and Harald Halbhuber (New York, Capital Markets) and associates Youssef Aziz (Toronto, Capital Markets) and Colin Cantwell (New York, Capital Markets).

Support was provided by partners Larry Crouch (Silicon Valley, Tax) and Jennifer Morton (New York, Financial Services Regulatory) and associates Daniel Kachmar (Washington, DC, Tax), Taylor Pugliese (New York, Financial Services Regulatory), Kazumasa Watanabe (New York, Capital Markets), Dominic Petric (New York. Financial Services Regulatory) and Ryan Sedwick (New York, Tax).