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EUR 164.16 For Business Accounts Only

Moody's rates TELUS' notes Baa1; outlook remains stable

CAD325 million and US $500 million notes rated. Toronto, March 01, 2017-- Moody's Investors Service, assigned a Baa1 rating to TELUS Corporation's new~ CAD1 billion multi-currency senior unsecured notes offering. Moody's expects the proceeds will be used to fund repayment of the company's CAD700 million 4.95% notes due March 2017, and interprets the general corporate purposes component of TELUS' use of proceeds as relating to the~ CAD300 million acquisition of a portion of...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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