Telus sells notes

NEW YORK-Telus Corp., Canada’s second-largest telecommunications operator, sold a $3.3 billion senior note issue May 23 as part of a plan to raise $6.5 billion in debt and equity.

The deal comprised a $1.3 billion tranche of six-year notes paying 7.5 percent interest and a $2 billion tranche of 10-year notes paying 8 percent.

ABOUT AUTHOR