Shearman And Sterling

News February 28, 2022

TELUS Corporation’s $900 Million Sustainability-Linked Notes Offering

Shearman & Sterling represented J.P. Morgan, TD Securities and Wells Fargo Securities, as joint book-running managers, and BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets, Scotia Capital, National Bank of Canada Financial Markets, Desjardins Capital Markets, HSBC and SMBC Nikko as co-managers, in connection with TELUS Corporation’s registered public offering of $900 million aggregate principal amount of 3.400% Sustainability-Linked Notes due 2032. The Notes were offered in the United States under the SEC’s Multijurisdictional Disclosure System for Canadian issuers.

TELUS Corporation is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. TELUS Corporation’s social purpose is to leverage its global-leading technology and compassion to drive social change and enable remarkable human outcomes. TELUS Corporation and its subsidiary, TELUS International, operate in 25+ countries around the world.

The Shearman & Sterling team below included associates Joseph Kalis (Toronto-Capital Markets), Alexander Grynszpan (New York-Capital Markets) and Jordan Briggs (New York-Financial Institutions Advisory & Financial Regulatory).

The Team