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 five 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 notesRateFace valueMaturing

Canadian dollar Notes, Series CT

2.35%C$1.0 billionMarch 2022

Canadian dollar Notes, Series CJ

3.35%C$500 millionMarch 2023

Canadian dollar Notes, Series CK

3.35%C$1.1 billionApril 2024

Canadian dollar Notes, Series CQ

3.75%C$800 millionJanuary 2025

Canadian dollar Notes, Series CV

3.75%C$600 millionMarch 2026

Canadian dollar Notes, Series CZ

2.75%C$800 millionJuly 2026

US dollar Notes

2.80%US$600 millionFebruary 2027

US dollar Notes

3.70%US$500 millionSeptember 2027

Canadian dollar Notes, Series CAC

2.35%

C$600 million

January 2028

Canadian dollar Notes, Series CX

3.625%C$600 millionMarch 2028

Canadian dollar Notes, Series CY

3.30%C$ 1.0 billionMay 2029

Canadian dollar Notes, Series CAA

3.15%

C$600 million

February 2030

Canadian dollar Notes, Series CAD

2.05%

C$500 million

October 2030

Canadian dollar Notes, Series CL

4.40%C$600 millionApril 2043

Canadian dollar Notes, Series CN

5.15%C$400 millionNovember 2043

Canadian dollar Notes, Series CP

4.85%C$500 millionApril 2044

Canadian dollar Notes, Series CP

4.85%C$400 millionApril 2044

Canadian dollar Notes, Series CR

4.75%C$400 millionJanuary 2045

Canadian dollar notes, Series CU

4.40%C$500 millionJanuary 2046

Canadian dollar notes, Series CW

4.70%C$325 millionMarch 2048

Canadian dollar Notes, Series CW (reopening)

4.70%C$150 millionMarch 2048

US dollar Notes

4.60%US$750 millionNovember 2048

US dollar Notes

4.30%US$500 millionJune 2049

Canadian dollar Notes, Series CAB

3.95%

C$400 million

February 2050

Canadian dollar Notes, Series CAB (reopening)

3.95%

C$400 million

February 2050

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 2020 financial statements.

Credit rating summary as of December 31, 2020

DBRS Ltd.Standard & Poor's Rating ServicesMoody's Investors ServiceFitch Ratings
TELUS Corporation
NotesBBB (high)BBB+Baa1BBB+
Commercial PaperR-2 (high)A-2P-2
TELUS Communications Inc.
DebenturesBBB (high)BBB+BBB+