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Paul, Weiss advised TELUS Corporation, one of Canada’s largest telecommunications companies, in its U.S. public offering of $700 million aggregate principal amount of 6.625% fixed-to-fixed rate junior subordinated series A notes due 2055 and $800 million aggregate principal amount of 7.000% fixed-to-fixed rate junior subordinated series B notes due 2055. TELUS also conducted concurrent tender offers for all of its 4.600% notes due 2048 and 4.300% notes due 2049. 

J.P. Morgan, RBC Capital Markets and Wells Fargo Securities acted as representatives of the underwriters for the offering and as lead dealer managers in the tender offers.

The Paul, Weiss team included corporate partner Christopher Cummings and counsel Stephen Centa; and tax partner Matthew Jordan and counsel Samir Kurani.