Form 6-K TELUS CORP For: Dec 08

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of December, 2015

 

Commission File Number: 000-24876

 

TELUS CORPORATION

(translation of registrant’s name into English)

 

23rd Floor, 510 West Georgia Street

Vancouver, British Columbia V6B 0M3

Canada

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F o Form 40-F x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes o No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes o No x

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

	TELUS CORPORATION
	By:	/s/ Monique Mercier
Date: December 8, 2015	Name:	Monique Mercier
	Title:	EVP Corporate Affairs, Chief Legal Officer & Corporate Secretary

 

2

 

EXHIBIT INDEX

 

Exhibit Number		Description of Document
99.1		Press Release dated December 8, 2015

 

3

Exhibit 99.1

 

 

Media Release

 

December 8, 2015

 

TELUS closes $1.0 billion of debt offerings

Average term to maturity now 11.1 years, compared to 10.9 years at the end of 2014

Average cost of long-term debt now 4.32 per cent, compared to 4.72 per cent at the end of 2014

 

Vancouver, B.C. — TELUS announced today it has successfully closed its previously announced dual-tranche offering totaling $1.0 billion in senior unsecured notes: $600 million 3.75 per cent 10-year Notes, Series CV, maturing on March 10, 2026; and $400 million 4.85 per cent Notes through re-opening Series CP notes, maturing April 5, 2044.

 

“Our oversubscribed $1.0 billion debt offering demonstrates the confidence our investors have in TELUS to successfully execute against our long-term growth strategy focused on core investments in our wireless and wireline advanced broadband networks and services for the benefit of our customers on a sustained basis,” said John Gossling, TELUS Executive Vice-President and CFO. “Upon closing of our debt offering, the average term to maturity of TELUS’ long-term debt will be 11.1 years, as compared to 10.9 years at the end of 2014. Additionally, TELUS’ weighted average cost of long-term debt will decline to 4.32 per cent, as compared to 4.72 per cent at the end of 2014.”

 

The net proceeds will be used to repay approximately $956 million of outstanding commercial paper and to fund the repayment, on maturity, of a portion of the $600 million principal amount outstanding on TELUS’ Series CI Notes due May 2016. The balance will be used for general corporate purposes.

 

The offering was made pursuant to a prospectus supplement dated December 3, 2015 to TELUS’ short form base shelf prospectus dated November 19, 2014 filed with securities regulatory authorities in Canada and the United States.

 

This media release does not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities being offered have not been approved or disapproved by any Canadian or United States securities regulatory authority, nor has any authority passed upon the accuracy or adequacy of the short form base shelf prospectus or the prospectus supplement.

 

About TELUS

 

TELUS (TSX: T, NYSE: TU) is Canada’s fastest-growing national telecommunications company, with $12.4 billion of annual revenue and 14.0 million customer connections, including 8.4 million wireless subscribers, 3.1 million wireline network access lines, 1.5 million high-speed Internet subscribers and 980,000 TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada’s largest healthcare IT provider.

 

1

 

For more information about TELUS, please visit telus.com.

 

-30-

 

For more information, please contact:

 

Ian McMillan
TELUS Investor Relations
(604) 695-4539
[email protected]

 

Liz Sauvé

TELUS Media Relations

(604) 453-2488

[email protected]

 

2