Cable & Telecom

Telus offers $1.75B in new debt notes to help pay for new spectrum

VANCOUVER - Telus is offering $1.75 billion in new debt notes to help pay off the more than $1 billion that it spent earlier this month on AWS-3 spectrum licences.The company said that the senior unsecured notes will be offered in three series, the first with a 3-year maturity, the second with a 7-year maturity and the third with a long 30-year maturity.The 1.50% three-year Notes, Series CS, were priced at $99.962 per $100 principal amount for an effective yield of 1.513% per annum and will mature on March 27, 2018.  The 2.35% seven-year Notes, Series CT, were priced at...