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Telus to redeem 6.75% convertibles
New York, Feb. 16 - Telus Corp. said it will redeem its C$149.6 million of 6.75% convertible unsecured subordinated debentures due June 15, 2010 on June 16.
The Vancouver, B.C., telecommunications company will pay par.
Holders can convert the securities at a price of C$39.73 per non-voting share. Telus stock closed at C$36.70 Wednesday.
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