Bondholder services

Our sustainability-linked bond framework

As we continue to build upon our robust sustainability strategy, we recognize the value of linking it to our financing strategy. TELUS has therefore chosen to create a Sustainability-Linked Bond Framework (“Framework”) that is aligned with the 5 core components of the Sustainability-Linked Bond Principles (“SLBP”) published by the International Capital Markets Association in June 2020. This Framework outlines the principles that TELUS intends to follow when issuing new sustainability-linked bonds.
Sustainalytics, a leading independent ESG research, ratings and analytics firm, has reviewed the Framework and has concluded that it aligns with the SLBP. Under this Framework, TELUS is reinforcing its previously announced commitment to reducing absolute scope 1 and 2 greenhouse gas emissions by 46 per cent by 2030 from a base year of 2019. These ambitious targets have been approved by the 
Science Based Targets initiative
, further demonstrating our global sustainability leadership and support for the world’s fight against climate change.
To learn more about our commitment to a more sustainable future, visit 
telus.com/sustainability

Documents available for download:

TELUS Corporation notes

Dollar notes

Rate

Face value

Maturing

3.75%
C$800 million
January 2025
3.75%
C$600 million
March 2026
2.75%
C$800 million
July 2026
2.80%
US$600 million
February 2027
3.70%
US$500 million
September 2027
2.35%
C$600 million
January 2028
3.625%
C$600 million
March 2028
4.80%
C$700 million
December 2028
3.30%
C$ 1.0 billion
May 2029
5.00%
C$350 million
September 2029
3.15%
C$600 million
February 2030
5.60%
C$500 million
September 2030
2.05%
C$500 million
October 2030
4.95%
C$600 million
February 2031
4.65%
C$700 million
August 2031
2.85%
C$750 million
November 2031
3.40%
US$900 million
May 2032
5.25%
C$1.1 billion
November 2032
4.95%
C$500 million
March 2033
5.75%
C$850 million
September 2033
5.10%
C$500 million
February 2034
4.40%
C$600 million
April 2043
5.15%
C$400 million
November 2043
4.85%
C$500 million
April 2044
4.85%
C$400 million
April 2044
4.75%
C$400 million
January 2045
4.40%
C$500 million
January 2046
4.70%
C$325 million
March 2048
4.70%
C$150 million
March 2048
4.60%
US$750 million
November 2048
4.30%
US$500 million
June 2049
3.95%
C$400 million
February 2050
3.95%
C$400 million
February 2050
4.10%
C$500 million
April 2051
5.65%
C$550 million
September 2052
5.95%
C$400 million
September 2053
For details and a complete list of notes, debentures and other publicly traded debt of the Company and the Company’s subsidiaries, refer to Note 26 in the 2023 financial statements.

Credit rating summary as of August 8, 2024

DBRS Ltd.

Standard & Poor's Rating Services

Moody's Investors Service

TELUS Corporation
Notes
BBB
BBB
Baa2
Commercial Paper
R-2 (middle)
A-2
P-2
TELUS Communications Inc.
Debentures
BBB
BBB