Telus 2015 Annual Report Download - page 33

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33
Prior Sales
On March 24, 2015, under a short form base shelf prospectus filed on November 19,
2014, with securities regulatory authorities in Canada and the United States, TELUS
completed three debt offerings: 1) a $250,000,000 debt offering consisting of 1.50%
Notes, Series CS, due March 27, 2018, 2) a $1,000,000,000 debt offering consisting of
2.35% Notes, Series CT, due March 28, 2022, and 3) a $500,000,000 4.40% Notes,
Series CU, due January 29, 2046.
On December 8, 2015, under the same short form base shelf prospectus filed on
November 19, 2014, with securities regulatory authorities in Canada and the United
States, TELUS completed two additional debt offerings: 4) $400,000,000 debt offering
consisting of 4.85% Notes, through the re-opening of Series CP notes, due April 5, 2044,
and 5) a $600,000,000 debt offering of 3.75% Notes, Series CV, due March 10, 2026.
Certain terms of the offerings above are detailed in the following table:
Security
Notes due
2018
Notes due 2022
Notes due
2046
Notes due
2044
Notes due 2026
Size of
Offering
$250,000,000
$1,000,000,000
$500,000,000
$400,000,000
$600,000,000
Maturity
Date
March 27,
2018
March 28, 2022
January 29,
2046
April 5, 2044
March 10, 2026
Net
Proceeds of
Issue
$249,280,000
$993,610,000
$497,360,000
$387,752,000
$592,884,000
Public
Offering
Price
$999.62
$997.31
$999.72
$974.38
$992.14
Application
of Proceeds
The net
proceeds used
to (a) fund a
portion of the
remaining $1.2
billion required
to acquire the
AWS-3
Spectrum
Licences, (b)
repay a portion
of
approximately
$110 million of
indebtedness
drawn from the
2014 Credit
Facility and
approximately
$135 million of
outstanding
commercial
paper, and (c)
any remaining
balance used
for other
general
corporate
purposes.
The net
proceeds used to
(a) fund a portion
of the remaining
$1.2 billion
required to
acquire the
AWS-3 Spectrum
Licences, (b)
repay a portion
of approximately
$110 million of
indebtedness
drawn from the
2014 Credit
Facility and
approximately
$135 million of
outstanding
commercial
paper, and (c)
any remaining
balance used for
other general
corporate
purposes.
The net
proceeds used
to (a) fund a
portion of the
remaining $1.2
billion required
to acquire the
AWS-3
Spectrum
Licences, (b)
repay a portion
of
approximately
$110 million of
indebtedness
drawn from the
2014 Credit
Facility and
approximately
$135 million of
outstanding
commercial
paper, and (c)
any remaining
balance used
for other
general
corporate
purposes.
The net
proceeds used
to (a) repay
approximately
$956 million of
outstanding
commercial
paper, (b) to
fund the
repayment, on
maturity, of a
portion of the
$600 million
principal
amount
outstanding on
TELUS’ Series
CI Notes due
May 2016, and
(c) any
remaining
balance used
for other
general
corporate
purposes.
The net proceeds
used to (a) repay
approximately
$956 million of
outstanding
commercial
paper, (b) to fund
the repayment, on
maturity, of a
portion of the
$600 million
principal amount
outstanding on
TELUS’ Series CI
Notes due May
2016, and (c) any
remaining
balance used for
other general
corporate
purposes.