Telus completes CAD1.3bn share sale

1 Apr 2021

Canadian telco Telus announced on 31 March 2021 the closing of its ‘bought deal offering’ of common shares launched on 25 March. The company sold an aggregate of 51,300,000 common shares for total gross proceeds of CAD1.3 billion (USD1.0 billion). The shares were offered through a syndicate of underwriters led by RBC Capital Markets and CIBC Capital Markets, together with BMO Capital Markets, Scotiabank and TD Securities as joint bookrunners.

Canada, Telus Corporation