TELUS Corp Takes Strategic Steps to Enhance Financial Flexibility and Employee Wellbeing

TELUS Corp has made two significant announcements, underscoring its commitment to financial prudence and employee support. The company has successfully priced a re-opening of its fixed-to-fixed rate junior subordinated notes, Series CAR and CAS. This strategic move is expected to provide TELUS with additional funding, bolstering its financial flexibility and positioning the company for future growth.

The re-opening of the notes is a testament to TELUS’s ability to navigate complex financial markets and capitalize on favorable opportunities. By accessing the capital markets, TELUS is able to strengthen its balance sheet and enhance its financial resilience, ultimately benefiting shareholders and stakeholders alike.

In a separate development, TELUS has introduced the TELUS Mental Health Index, a quarterly measure of employee mental health and wellbeing trends in South Korea. This innovative initiative underscores the company’s commitment to employee support and wellbeing, recognizing the critical role that mental health plays in overall productivity and job satisfaction.

The TELUS Mental Health Index is a significant step forward in the company’s efforts to promote employee wellbeing and create a positive work environment. By tracking and analyzing mental health trends, TELUS is able to identify areas of concern and develop targeted interventions to support its employees.

Key Highlights:

• TELUS has successfully priced a re-opening of its fixed-to-fixed rate junior subordinated notes, Series CAR and CAS
• The company has introduced the TELUS Mental Health Index, a quarterly measure of employee mental health and wellbeing trends in South Korea
• The TELUS Mental Health Index is a testament to the company’s commitment to employee support and wellbeing
• The initiative is expected to promote employee wellbeing and create a positive work environment

By taking these strategic steps, TELUS is demonstrating its commitment to financial prudence and employee support. As the company continues to navigate an increasingly complex business landscape, its focus on mental health and wellbeing is a positive development that sets it apart from its peers.