Telus International files documents with SEC for proposed IPO

11 Jan 2021

Canadian telco Telus Corporation’s subsidiary Telus International has filed a registration statement with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), with a preliminary prospectus scheduled to be filed today (11 January 2021). The proposed IPO is expected to consist of subordinate voting shares offered by Telus International from treasury and a secondary offering of subordinate voting shares held by Telus Corporation and Baring Private Equity Asia. Telus International has applied to list shares on the New York and Toronto Stock Exchanges. JP Morgan Securities and Morgan Stanley & Co will act as joint lead book-running managers for the IPO. Barclays, BofA Securities and CIBC Capital Markets will act as book-running managers.

Telus International describes itself as a ‘digital customer experience innovator that designs, builds and delivers next-generation solutions for global and disruptive brands.’

Canada, Telus Corporation