Telus raises $1.3-billion in bought deal in move to bring down debt [Toronto Globe and Mail (Ontario, Canada)]
Telus Corporation Ordinary Shares (TU)
Last telus corporation ordinary shares earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
telus.com/en/about/investor-relations
Company Research
Source: Toronto Globe and Mail
Telus raises $1.3-billion in bought deal in move to bring down debt Telus Corp. raised $1.3-billion in a bought deal announced Wednesday evening, in a move to bring down its debt level following two large transactions and to bolster its balance sheet ahead of the build-out of its fifth-generation wireless network. The Vancouver-based telecom company spent big in the back half of 2019, acquiring home-security company ADT Security Services Canada Inc. for approximately $700-million, and German call-centre operator Competence Call Center for about $1.3-billion. Both deals involved significant leverage, and in December, debt-rating agency Standard & Poor’s lowered its outlook for Telus to “negative,” suggesting the company could face a downgrade owing to an increased debt-to-equity ratio. Telus said proceeds from the financing would be used for “the reduction of indebtedness” and for capital expenditures. The bought deal, priced at $52 a share, was handled by a syndicate of 13 underwriter
Show less
Read more
Impact Snapshot
Event Time:
TU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TU alerts
High impacting Telus Corporation Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TU
News
- TELUS Corporation: Is This Attractive 6.9% Dividend Safe? [Seeking Alpha]Seeking Alpha
- PRESS DIGEST-Canada - April 15 [Yahoo! Finance]Yahoo! Finance
- Rogers Communication (RCI), CableLabs to Create New Technology [Yahoo! Finance]Yahoo! Finance
- Telecoms tout eclipse plans after wireless networks handle increased traffic [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Yellow Pages launches nationwide cover art competitionGlobeNewswire
TU
Earnings
- 2/9/24 - Beat
TU
Sec Filings
- 4/8/24 - Form 6-K
- 4/8/24 - Form 6-K
- 2/22/24 - Form 6-K
- TU's page on the SEC website