TELUS International (Cda) Inc.

TELUS International (Cda) Inc. (TIXT) priced its initial public offering on Feb 4, 2021 at $25.00 per share, within its $23.00–$25.00 range, raising $925M, and listed on NYSE. At the IPO price its market capitalization was about $6.64B. J.P. Morgan was lead-left underwriter, joined by Morgan Stanley, Barclays and BofA Securities and others. Osler and A&O Shearman advised the company and Stikeman Elliott and Paul, Weiss advised the underwriters.

TELUS International (Cda) Inc. is a digital customer experience company that designs, builds and delivers digital solutions for global brands. It supports clients across the full lifecycle of their digital transformation, from strategy and process design to delivery, drawing on 15 years of experience.

Status

IPO

Ticker

TIXT

Exchange

NYSE

Priced

Feb 4, 2021

IPO price

$25.00

Price range

$23.00–$25.00

Raised

$925M

Market cap at IPO price

$6.64B

First filed

Jan 8, 2021

Underwriters

J.P. Morgan, Morgan Stanley, Barclays, BofA Securities, CIBC, Citigroup, Credit Suisse, RBC Capital Markets, Baird, BMO Capital Markets, Scotiabank and Wells Fargo

Company counsel

Osler and A&O Shearman

Underwriters' counsel

Stikeman Elliott and Paul, Weiss

Sector

Technology

Country / state

British Columbia, Canada

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.