Reported Earlier, TELUS Announces $700M Senior Unsecured Notes Offering With 4.65% Yield, Set To Mature In 2031
Portfolio Pulse from Benzinga Newsdesk
TELUS has announced a $700M senior unsecured notes offering with a 4.65% yield, set to mature in 2031. The proceeds will be used to repay outstanding indebtedness and for general corporate purposes.
August 09, 2024 | 6:43 am
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TELUS has announced a $700M senior unsecured notes offering with a 4.65% yield, set to mature in 2031. The proceeds will be used to repay outstanding indebtedness and for general corporate purposes.
The issuance of senior unsecured notes will help TELUS manage its debt more effectively and improve its financial stability. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
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