Telus (TSX: T) (NYSE: TU) said that it has determined the redemption price for its USD500m 5.95 per cent, Series CE, notes due April 15, 2015.
The early redemption notice for these notes was issued on August 7, 2014.
The redemption price, which is payable on September 8, 2014, is based on the yield for a government of Canada bond with the equivalent maturity plus 66 basis points as defined in the trust indenture governing these notes. The note-holders will also receive the accrued portion of the semi-annual interest payment for the period ending September 8, 2014.
Telus is a Canadian national telecommunications company that provides a wide range of communications products and services, including wireless, data, Internet protocol, voice, television, entertainment and video, and is Canada´s largest healthcare IT provider. Its website is at www.telus.com.