Form 6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the Month of December, 2009
(Commission
File No. 000-24876)
TELUS
CORPORATION
(Translation
of registrant's name into English)
21st
Floor, 3777 Kingsway
Burnaby,
British Columbia V5H 3Z7
Canada
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
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Form
20-F £
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Form
40-F T
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Indicate
by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2 (b) under the Securities Exchange Act of 1934:
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Yes £
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No T
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This Form 6-K consists of the following
press release :
News
Release
December
1, 2009
TELUS
plans to early redeem US$ 8% Notes due June 1, 2011
Vancouver, BC. - TELUS
Corporation (TSX: T, T.A; NYSE: TU), announced today its intention to exercise
its early redemption option and to partially redeem up to 30% of its US$1.945
billion outstanding 8% Notes due June 1, 2011 (CUSIP No. 87971MAC7). The
redemption price will be based on the Adjusted United States Treasury Yield, as
provided in the trust indenture pursuant to which such Notes were issued in May
2001. Note holders will also receive accrued interest to the redemption
date.
TELUS
plans to finance the partial redemption through a new debt issue and/or funds
available under its existing credit facilities. Unanticipated developments or
circumstances beyond TELUS' control could affect its intended redemption of the
Notes and there is no assurance that the redemption will be completed. TELUS
will only become obligated to complete the redemption once it gives notice of
redemption in accordance with the governing trust indenture. TELUS will make an
announcement as to the principal amount of the Notes to be redeemed and the
redemption date when it gives notice of redemption.
This
news release is for informational purposes only and does not constitute an offer
to buy or sell, or the solicitation of an offer to buy or sell, any
securities.
About
TELUS
TELUS
(TSX: T, T.A; NYSE: TU) is a leading national telecommunications company in
Canada, with $9.6 billion of annual revenue and 11.9 million customer
connections including 6.4 million wireless subscribers, 4.1 million wireline
network access lines, and 1.2 million Internet subscribers. Led since 2000 by
President and CEO, Darren Entwistle, TELUS provides a wide range of
communications products and services including data, Internet protocol (IP),
voice, entertainment and video. Nine TELUS Community Boards across Canada lead
our local philanthropic initiatives.
Forward
Looking Statements
This
news release contains forward looking statements. Forward looking statements are
not based on historical facts, but rather on current expectations, Company
assumptions and projections about future events, including the completion of the
redemption of the 8% Notes due June 1, 2011, and are therefore subject to risks
and uncertainties which could cause actual results to differ materially from the
future results expressed or implied by the forward looking statements. Such
statements are qualified in their entirety by the inherent risks and
uncertainties surrounding future expectations. Company
assumptions
and risk factors are listed from time to time in TELUS' reports, public
disclosure documents including Management's discussion and analysis, Annual
Information Form, and in other filings with securities regulatory authorities in
Canada and the United States.
For
more information, please contact:
Robert
Mitchell
TELUS
Investor Relations
416-279-3219
ir@telus.com
Jim
Johannsson
TELUS
Media Relations
(780)
493-6197
Jim.johannson@telus.com
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Dated:
December 2, 2009
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TELUS
CORPORATION
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By:
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/s/
Audrey T. Ho
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Name:
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Audrey
T. Ho
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Title:
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Senior
Vice President,
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Chief
General Counsel and Corporate Secretary
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