TELUS Corporation Completes C$600 Million Notes Redemption, Enhancing Financial Flexibility
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
- Successful Debt Management: TELUS has completed the full redemption of C$600 million 3.75% CV Notes, funded through a C$2.9 billion hybrid notes offering, demonstrating the company's disciplined approach to debt management and strengthening its financial foundation.
- Enhanced Financial Flexibility: This redemption is part of TELUS's broader balance sheet management and deleveraging initiatives, with a projected net debt to adjusted EBITDA ratio of approximately 3.4 times by 2025, thereby increasing flexibility in capital allocation.
- Strategic Restructuring Progress: The early redemption of C$1.0 billion in discounted notes announced on December 10, 2025, indicates TELUS's proactive efforts to optimize its debt maturity profile, supporting long-term shareholder value growth.
- Clear Future Outlook: TELUS aims to reduce its net debt to adjusted EBITDA ratio to approximately 3.3 times by the end of 2026 and further to 3.0 times by the end of 2027, reflecting the company's strong commitment to future financial health.
Analyst Views on T
Wall Street analysts forecast T stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for T is 30.94 USD with a low forecast of 28.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 23.730
Low
28.00
Averages
30.94
High
34.00
Current: 23.730
Low
28.00
Averages
30.94
High
34.00
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
