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TELUS International Completes $1 Billion IPO
- Client News
- February 5, 2021
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.” Paul, Weiss represented the underwriters in the offering, led by J.P. Morgan and Morgan Stanley. 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 included corporate partners Andrew Foley, 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.