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Cision Canada
8 hours ago
- Business
- Cision Canada
TELUS ANNOUNCES PRICING OF CASH TENDER OFFERS FOR TWO SERIES OF DEBT SECURITIES
VANCOUVER, BC, June 27, 2025 /CNW/ - TELUS Corporation (the "Company") announced today the pricing terms of its previously announced separate offers (the "Offers") to purchase for cash up to the Maximum Purchase Amount (as defined below) of its outstanding notes of the series listed in the table below (collectively, the "Notes"). The Offers are made upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 20, 2025 relating to the Notes (the "Offer to Purchase") and the notice of guaranteed delivery attached as Appendix A thereto (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Tender Offer Documents"). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase. Set forth in the table below is the applicable Total Consideration (as defined below) for each series of Notes, as calculated as of 2:00 p.m. (Eastern time) today, June 27, 2025, in accordance with the Offer to Purchase. _____________________________ (1) Subject to the satisfaction or waiver by the Company of the conditions of the Offers described in the Offer to Purchase, if the Maximum Purchase Condition (as defined below) is not satisfied with respect to all series of Notes, the Company will accept Notes for purchase in the order of their respective Acceptance Priority Level specified in the table above (each, an "Acceptance Priority Level," with 1 being the highest Acceptance Priority Level and 2 being the lowest Acceptance Priority Level). It is possible that a series of Notes with a particular Acceptance Priority Level will not be accepted for purchase even if a series with a higher or lower Acceptance Priority Level is accepted for purchase. (2) No representation is made by the Company as to the correctness or accuracy of the CUSIP numbers or ISINs listed in this news release or printed on the Notes. They are provided solely for convenience. (3) The total consideration for each series of Notes (such consideration, the "Total Consideration") payable per each US$1,000 principal amount of such series of Notes validly tendered for purchase has been based on the applicable Fixed Spread specified in the table above for such series of Notes, plus the applicable yield based on the bid-side price of the applicable U.S. Treasury reference security as specified in the table above, as quoted on the applicable Bloomberg Reference Page as of 2:00 p.m. (Eastern time) today, June 27, 2025. The Total Consideration does not include the applicable Accrued Coupon Payment (as defined below), which will be payable in cash in addition to the applicable Total Consideration. The Offers will expire at 5:00 p.m. (Eastern time) on June 27, 2025, unless extended or earlier terminated (such date and time with respect to an Offer, as the same may be extended with respect to such Offer, the "Expiration Date"). Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) today, June 27, 2025, unless extended with respect to any Offer. For Holders who deliver a Notice of Guaranteed Delivery and all other required documentation at or prior to the Expiration Date, upon the terms and subject to the conditions set forth in the Tender Offer Documents, the deadline to validly tender Notes using the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) will be the second business day after the Expiration Date and is expected to be 5:00 p.m. (Eastern time) on July 1, 2025, unless extended with respect to any Offer (the "Guaranteed Delivery Date"). Provided that the Financing Condition has been satisfied or waived by the Settlement Date (as defined below) and all other conditions to the Offers have been satisfied or waived by the Company by the Expiration Date, settlement for all Notes validly tendered and not validly withdrawn prior to the Expiration Date or pursuant to a Notice of Guaranteed Delivery will be four business days after the Expiration Date and two business days after the Guaranteed Delivery Date, respectively, which is expected to be July 3, 2025, unless extended with respect to any Offer (the "Settlement Date"). Upon the terms and subject to the conditions set forth in the Offer to Purchase, Holders whose Notes are accepted for purchase in the Offers will receive the applicable Total Consideration for each US$1,000 principal amount of such Notes in cash on the Settlement Date. In addition to the applicable Total Consideration, Holders whose Notes are accepted for purchase will receive a cash payment equal to the accrued and unpaid interest on such Notes from and including the immediately preceding interest payment date for such Notes to, but excluding, the Settlement Date (the "Accrued Coupon Payment"). Interest will cease to accrue on the Settlement Date for all Notes accepted in the Offers. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Holders by The Depository Trust Company ("DTC") or its participants. The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase, including that the aggregate principal amount purchased in the Offers not exceed US$750,000,000 (the "Maximum Purchase Amount"), on the Maximum Purchase Amount being sufficient to include the aggregate principal amount of all validly tendered and not validly withdrawn Notes of such series (after accounting for all validly tendered Notes that have a higher Acceptance Priority Level) (the "Maximum Purchase Condition") and on the Company having raised by the Settlement Date net proceeds through one or more issuances of debt in the public or private capital markets, on terms reasonably satisfactory to the Company, sufficient to purchase all Notes validly tendered (and not validly withdrawn) up to the Maximum Purchase Amount and accepted for purchase by the Company in the Offers and to pay Accrued Interest and all fees and expenses in connection with the Offers (the "Financing Condition"). The Company reserves the right, subject to applicable law, to waive any and all conditions to any Offer. If any of the conditions is not satisfied, the Company is not obligated to accept for payment, purchase or pay for, and may delay the acceptance for payment of, any tendered notes, in each event subject to applicable laws, and may terminate or alter any or all of the Offers. The Offers are not conditioned on the tender of any aggregate minimum principal amount of Notes of any series (subject to minimum denomination requirements as set forth in the Offer to Purchase). The Company has retained J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC to act as lead dealer managers and BMO Capital Markets Corp., CIBC World Markets Corp., Scotia Capital (USA) Inc., TD Securities (USA) LLC, Desjardins Securities Inc., National Bank of Canada Financial Inc. and SMBC Nikko Securities America, Inc. to act as co-dealer managers (collectively, the "Dealer Managers") for the Offers. Questions regarding the terms and conditions for the Offers should be directed to J.P. Morgan Securities LLC at +1 (866) 834-4666 (toll-free) or +1 (212) 834-3046 (collect), RBC Capital Markets, LLC at +1 (877) 381-2099 (toll-free) or +1 (212) 618-7843 (collect) or Wells Fargo Securities, LLC at +1 (866) 309-6316 (toll-free) or +1 (704) 410-4235 (collect). Global Bondholder Services Corporation is acting as the Information and Tender Agent for the Offers. Questions or requests for assistance related to the Offers or for additional copies of the Offer to Purchase may be directed to Global Bondholder Services Corporation in New York by telephone at +1 (212) 430-3774 (for banks and brokers only) or +1 (855) 654-2015 (for all others toll-free), or by email at [email protected]. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers. The Tender Offer Documents can be accessed at the following link: If the Company terminates any Offer with respect to one or more series of Notes, it will give prompt notice to the Information and Tender Agent, and all Notes tendered pursuant to such terminated Offer will be returned promptly to the tendering Holders thereof. With effect from such termination, any Notes blocked in DTC will be released. Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or withdraw their instruction to participate in the Offers before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and DTC for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase. This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Notes or any other securities, and is not an offer to sell or the solicitation of an offer to buy any securities, of the Company or any of its subsidiaries. The Offers are being made solely pursuant to the Offer to Purchase. The Offers are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, "blue sky" or other laws of such jurisdiction. In any jurisdiction in which the securities or "blue sky" laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this news release, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction. Forward-looking Statements This news release contains statements about future events, including statements regarding the terms and timing for completion of the Offers, including the acceptance for purchase of any Notes validly tendered and the expected Expiration Date and Settlement Date thereof; and the satisfaction or waiver of certain conditions of the Offers. By their nature, forward-looking statements require us to make assumptions and predictions and are subject to inherent risks and uncertainties including risks associated with capital and debt markets. There is significant risk that the forward-looking statements will not prove to be accurate. Forward-looking statements are provided herein for the purpose of giving information about the proposed Offers. Readers are cautioned that such information may not be appropriate for other purposes. The Company's obligation to complete an Offer with respect to a particular series of Notes validly tendered is conditioned on the satisfaction of conditions described in the Offer to Purchase, including the Maximum Purchase Condition and the Financing Condition. Accordingly, there can be no assurance that repurchases of Notes under the Offers will occur at all or at the expected time indicated in this news release. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from those described in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and the qualifications and risk factors as set out in our 2024 annual management's discussion and analysis and in our first quarter 2025 management's discussion and analysis and in other TELUS public disclosure documents and filings with securities commissions in Canada (on SEDAR+ at and in the United States (on EDGAR at The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as required by law or the Tender Offer Documents, TELUS disclaims any intention or obligation to update or revise forward-looking statements. About TELUS TELUS (TSX: T, NYSE: TU) is a world-leading communications technology company operating in more than 45 countries and generating over C$20 billion in annual revenue with more than 20 million customer connections through our advanced suite of broadband services for consumers, businesses and the public sector. We are committed to leveraging our technology to enable remarkable human outcomes. TELUS is passionate about putting our customers and communities first, leading the way globally in client service excellence and social capitalism. Our TELUS Health business is enhancing more than 150 million lives across 200 countries and territories through innovative preventive medicine and well-being technologies. Our TELUS Agriculture & Consumer Goods business utilizes digital technologies and data insights to optimize the connection between producers and consumers. Guided by our enduring 'give where we live' philosophy, TELUS, our team members and retirees have contributed C$1.8 billion in cash, in-kind contributions, time and programs including 2.4 million days of service since 2000, earning us the distinction of the world's most giving company. For more information, visit or follow @TELUSNews on X and @Darren_Entwistle on Instagram. Investor Relations Robert Mitchell [email protected] Media Relations Steve Beisswanger [email protected]
Business Wire
8 hours ago
- Business
- Business Wire
Informa TechTarget to Announce 2025 First Quarter Financial Results on July 1, 2025
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget, Inc. (Nasdaq: TTGT) ('Informa TechTarget' or the 'Company'), a leading growth accelerator for the B2B Technology sector, today announced that it plans to release its Q1 2025 financial results for the three months ended March 31, 2025 after the market closes on Tuesday, July 1, 2025. The Company's Chief Executive Officer, Gary Nugent, and Chief Financial Officer, Dan Noreck, will host a live conference call and webcast at 5:00 p.m. Eastern Time on that day to discuss the Company's financial results and outlook. The Q1 2025 financial results will be available prior to the conference call and webcast on the investor relations section of the Company's website at Conference Call Dial-In Information: United States (Toll Free): 1-833-470-1428 United States: 1-404-975-4839 United Kingdom (Toll Free): +44 808 189 6484 United Kingdom: +44 20 8068 2558 Global Dial-in Numbers Access code: 557186 Please access the call at least 10 minutes prior to the time the conference is set to begin. Please ask to be joined into the Informa TechTarget call. Conference Call Webcast Information: This webcast can be accessed via Informa TechTarget's website at Conference Call Replay Information: A replay of the conference call will be available via telephone beginning one (1) hour after the conference call through July 31, 2025 at 11:59 p.m. ET. To hear the replay: United States (Toll Free): 1-866-813-9403 United States: 1-929-458-6194 Access Code: 670569 A web version will also be available for replay during the same period on Informa TechTarget's website at About Informa TechTarget TechTarget, Inc. (Nasdaq: TTGT), which also refers to itself as Informa TechTarget, informs, influences and connects the world's technology buyers and sellers, helping accelerate growth from R&D to ROI. With a vast reach of over 220 highly targeted technology-specific websites and over 50 million permissioned first-party audience members, Informa TechTarget has a unique understanding of and insight into the technology market. Underpinned by those audiences and their data, we offer expert-led, data-driven, and digitally enabled services that have the potential to deliver significant impact and measurable outcomes to our clients: Trusted information that shapes the industry and informs investment Intelligence and advice that guides and influences strategy Advertising that grows reputation and establishes thought leadership Custom content that engages and prompts action Intent and demand generation that more precisely targets and converts Informa TechTarget is headquartered in Boston, MA and has offices in 19 global locations. For more information, visit and follow us on LinkedIn. © 2025 TechTarget, Inc. All rights reserved. All trademarks are the property of their respective owners.
Daily Record
8 hours ago
- Business
- Daily Record
Aldi launches new "flavour-packed" pizza, fusing classic Italian cooking with Eastern flair
The new pizza will hit shelves across all 109 Aldi stores in Scotland from 3 July, priced at £3.79 for a limited time only Aldi Scotland is turning up the heat this summer with the launch of a brand new Doner Kebab Pizza, following the sell-out success of its Chicken Tikka Pizza earlier this month. Created by Edinburgh -based Cosmos Pizza, the latest addition brings together bold Eastern spices with a traditional Italian base to deliver what Aldi describes as a "flavour-packed meal that you just can't top." The new pizza will hit shelves across all 109 Aldi stores in Scotland from 3 July, priced at £3.79 for a limited time only. Aldi became the first supermarket to stock Cosmos' pizzas, and the Chicken Tikka flavour proved an instant hit with customers. The retailer is now encouraging shoppers to move fast if they want to get their hands on the new Doner Kebab version before it sells out too. 'This is history in the baking, as Aldi becomes the first Scottish supermarket to stock Cosmos' new Doner Kebab Pizza,' said Graham Nicolson, Group Buying Director at Aldi Scotland. 'The creativity and craftsmanship of Scotland's food producers never ceases to amaze us, and Cosmos is an excellent example of a locally grown supplier that knows how to cleverly experiment with flavour. 'At Aldi Scotland we're always happy to be the ones who test the market for inventive and quirky flavour creations, and we're confident this new creation will top the list of some of our most popular pizzas ever released.' As the UK's cheapest supermarket for four years running, according to Which?, Aldi is already a firm favourite with bargain hunters. Alongside its low-cost groceries, it also stocks a wide selection of household items, seasonal goods, and premium-quality Scottish produce from across the country. In fact, Aldi is the only UK supermarket with a dedicated Scottish Buying Department. It currently works with more than 90 local suppliers and stocks around 450 Scottish products, a commitment that earned it the 'Best for Scottish' award at the 2024 Scotland Food & Drink Excellence Awards, its third win in the category. Recent NFU Shelfwatch surveys ranked Aldi as the top supermarket in Scotland for supporting local produce, and it remains the only retailer to stock 100 percent fresh Scottish pork on all shelves. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. The retailer, which employs more than 3,600 people in Scotland, welcomed an extra two million customers through its doors in 2024. Over the next two years, it plans to invest £40 million in new stores, with upcoming openings in Arbroath, Baillieston and Kirkintilloch. With summer now in full swing, and Scottish BBQs and garden gatherings on the rise, Aldi's creative pizza range could be just the ticket for anyone craving something a little different and delicious.
New York Post
9 hours ago
- Sport
- New York Post
Maxwell Lewis becomes Nets roster casualty with historic draft class coming in
The Nets waived forward Maxwell Lewis on Friday, clearing up roster space after taking the biggest crop of first-round draft picks in NBA history. Lewis had initially arrived in the Dec. 29 trade that had sent Dorian Finney-Smith to the Lakers, but he immediately fractured his left tibia making a 3-pointer seconds into his New Year's Day debut. The injury stunted his opportunity to show what he could do, in the end averaging 5.3 points in 14.2 minutes over just 21 appearances. Advertisement 4 Maxwell Lewis (27) drives up the court during the second half against the Toronto Raptors at Barclays Center on April 6, 2025, in Brooklyn, NY. Corey Sipkin for the NY POST But more importantly, Brooklyn had to make room for their huge incoming class of rookies. The Nets took five players in the first round of Wednesday's NBA draft, a league record. Two days later, they waived Lewis to clear the deck. Advertisement Those first-round picks, along with some other undrafted rookies, will be on display in a couple of weeks when the Nets head to compete in the Las Vegas Summer League. The schedule was released Friday, showing four games, though every team is guaranteed to play at least five tilts. 4 Egor Demin of the Brooklyn Nets speaks to the media after being drafted eighth overall during the 2025 NBA Draft at Barclays Center on June 25, 2025, in the Brooklyn borough of New York City. Getty Images Advertisement The Nets open up on July 10 vs. the Thunder (5:30 p.m., ESPN2). Then on July 13, they'll face the Wizards (8:00 p.m., ESPN2), on July 15 take on the rival Knicks (6:00 p.m., ESPN2), and then play the Magic the next night (7:30 p.m., ESPN). All times are Eastern, with the first two games at Thomas & Mack Center and the latter pair at the smaller Cox Pavilion. Then the Nets and other teams head into a tournament for the summer league title. Advertisement 4 Nolan Traore speaks during a Media Availability session prior to the 2025 NBA Draft at Lotte New York Palace on June 24, 2025, in New York City. Getty Images Brooklyn should contend for that with a team including first-round picks Egor Demin, Nolan Traore, Drake Powell, Ben Saraf and Danny Wolf. Late-season signee Drew Timme will play in the summer league per CBS Sports, while 2023 first-round pick Dariq Whitehead — who has seen his first two years slowed by injuries — presumably should be in the mix as well, along with several undrafted prospects. Six-foot-11 Alabama forward Grant Nelson and 6-foot-5 Oregon wing TJ Bamba will both join the Nets for the summer league. The former is in the mix for a two-way contract, per HoopsHype, while the latter is a Bronx native who was on the Big Ten All-Defensive team. 4 Maxwell Lewis was waived by the Brooklyn Nets on Friday. Getty Images Sunday is the deadline for Brooklyn to pick up team options on Timme, Keon Johnson, Tyrese Martin and Jalen Wilson, as well as make qualifying offers to Cam Thomas, Day'Ron Sharpe and Ziaire Williams in order to make them restricted free agents. Advertisement Without qualifying offers, they'll become unrestricted free agents. Timme can play with the Nets' summer league team even if Brooklyn doesn't pick up his team option.
Axios
9 hours ago
- Business
- Axios
Axios Event: Media execs are betting big on women's sports
CANNES, France – Media executives are focusing investments into the fast-growing market of women's sports, they said at an Axios event at the Cannes Lions International Festival of Creativity. Why it matters: Women's sports is booming in viewership, engagement and fandoms as more women's teams are launching and business executives are noticing the growth opportunities. Axios' Sara Fischer spoke with Roku Media president Charlie Collier, NBCUniversal global advertising and partnerships chairman Mark Marshall, NBC Sports host and play-by-play announcer Mike Tirico and Tubi CEO Anjali Sud at the June 18 event, sponsored by Nielsen. What they're saying: Roku Media and Tubi see opportunities in investing and promoting women's sports. "We have all sorts of women's sports and we have a women's sport zone and we've invested in women's volleyball and we've invested in women's soccer," Collier said. "Platforms like iON that had the [WNBA player] Caitlin Clark games as part of their package before Caitlin Clark blew up, we absolutely made sure that we got our viewers to those games on iON. It wasn't our rights, but it was absolutely our right to elevate that pop-cultural moment," he added. "For women in sports in particular, there's just a need here. There's a vacuum that I think we have an opportunity to fill," Sud said. Sud also mentioned that Gen Z audiences care about the stories behind the athletes as well as the game, so Tubi is developing more "shoulder content" to appeal to younger audiences. "We just announced … a [tennis player] Naomi Osaka doc that's going to be coming out on Tubi in August," Sud said. "It's going to be talking about her journey coming back into the game after having a baby." "Beyond the diehard sports fans, there are people who are in it for the culture. And we need to serve them with compelling stories and content and build that momentum." Separately, NBC Sports discussed its major deal with the NBA, which will broadcast on NBC from Sunday to Tuesday nights, blending linear and streaming to maximize reach. "Sunday, we'll have a pregame and then the game," Tirico said. "Monday, there'll be games on Peacock. …Tuesday, on NBC. … We'll have an NBA game on the East Coast at 8 Eastern time and then we'll have a game for our Mountain and Pacific time zone affiliates at 8 o'clock Pacific time." "What I'm excited about is the amount of NBA that will be on broadcast TV in prime time. So you'll have a game every week on Tuesday night, which I think will be a boost for the league and really get the package off to a great start." Marshall added: "Part of what I really was hoping for and it worked out was to be on the front half of the week and so we can promote the rest of the entertainment programming that will happen on Wednesday, Thursday, Friday, Saturday. Whereas, you know, 'Sunday Night Football,' that's what we've done for years. Now we'll actually go from 'Sunday Night Football' to 'Sunday Night Basketball' on Peacock every Monday night and Tuesday on NBC prime time." "So all of a sudden we have this huge promotional platform that's going to bring a younger, more multicultural audience to NBC that's probably been there, that's not there every week as we sit here today." In a View From the Top conversation, Nielsen CEO Karthik Rao emphasized the major growth of women's sports.
