TELUS International’s $1 Billion Initial Public Offering

Paul, Weiss, Rifkind, Wharton & Garrison LLP advised the underwriters in the offering.

TELUS International (Cda) Inc. closed its initial public offering of 42,550,000 subordinate voting shares, generating gross proceeds of $1 billion. The shares are listed on the NYSE and the Toronto Stock Exchange (TSX) under the ticker symbol “TIXT.”

J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint lead book-running managers for the IPO. Barclays Capital Inc., BofA Securities, Inc. and CIBC World Markets Inc. also acted as active book-running managers. Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, RBC Dominion Securities Inc., Robert W. Baird & Co. Incorporated, BMO Nesbitt Burns Inc., Scotia Capital Inc., TD Securities Inc., Wells Fargo Securities, and William Blair & Company, L.L.C. also acted as book-running managers. Additionally, MUFG Securities Americas Inc., National Bank Financial Inc., Loop Capital Markets LLC and R. Seelaus & Co., LLC acted as co-managers.

TELUS International is a leading digital customer experience innovator that designs, builds and delivers next-generation solutions for global and disruptive brands.

The Paul, Weiss team advising the underwriters included corporate partners Andrew Foley (Picture), Christopher Cummings, Adam Givertz, John Kennedy and Mark Bergman, and counsel Steve Centa, Frances Mi and Christian Kurtz; tax partner Brian Grieve; executive compensation partner Jean McLoughlin; intellectual property partner Claudine Meredith-Goujon; international trade counsel Richard Elliott; and litigation counsel Steven Herzog.

Involved fees earner: Mark Bergman – Paul Weiss Rifkind Wharton & Garrison; Stephen Centa – Paul Weiss Rifkind Wharton & Garrison; Christopher Cummings – Paul Weiss Rifkind Wharton & Garrison; Richard Elliott – Paul Weiss Rifkind Wharton & Garrison; Andrew Foley – Paul Weiss Rifkind Wharton & Garrison; Adam Givertz – Paul Weiss Rifkind Wharton & Garrison; Brian Grieve – Paul Weiss Rifkind Wharton & Garrison; Steven Herzog – Paul Weiss Rifkind Wharton & Garrison; John Kennedy – Paul Weiss Rifkind Wharton & Garrison; Christian Kurtz – Paul Weiss Rifkind Wharton & Garrison; Jean McLoughlin – Paul Weiss Rifkind Wharton & Garrison; Claudine Meredith-Goujon – Paul Weiss Rifkind Wharton & Garrison; Frances Mi – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Bank of America Securities; Barclays Capital; BMO Nesbitt Burns Inc; CIBC World Markets; Citigroup Global Markets Ltd; Credit Suisse Securities (USA) LLC; J.P. Morgan Securities LLC; Loop Capital Markets; Morgan Stanley; MUFG Securities Americas Inc. ; National Bank Financial Inc.; R. Seelaus & Co.; RBC Dominion Securities Inc.; Robert W. Baird & Co.; Scotia Capital Inc.; TD Securities; Wells Fargo Securities; William Blair & Company, L.L.C.;

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Author: Martina Bellini