•  
BACK SEND PRINT-

Hydro-Québec
Hydro-Québec issue of debentures 4.00% due February 15, 2055 on the Canadian market



September 6, 2017

Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of CA$500,000,000 of debentures, Series JQ, maturing on February 15, 2055.

The debentures, with a coupon of 4.00%, payable semi-annually, will be offered on the market at a price of 119.853 plus interest deemed to have accrued from August 15, 2017. The yield is 3.100%.

The lead manager for this issue is National Bank Financial Inc. with BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc. acting as co-lead managers, and, Casgrain & Company Limited, CIBC World Markets Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc., Scotia Capital Inc. and The Toronto-Dominion Bank acting as other managers.

This is the first additional tranche of Debentures, Series JQ, issued initially on November 4, 2014 and the total aggregate principal amount of debentures outstanding under this series now amounts to CA$1,000,000,000.

Contact
Jean-Hugues Lafleur
Vice President - Financing, Treasury and Pension Fund
(514) 289-4772

Geneviève Chouinard
Press Officer
(514) 289-6052
Chouinard.Genevieve@hydro.qc.ca

For more information:

Organization:
Hydro Québec

Address:
680 Sherbrooke Ouest
Montréal, Quebec
Canada, H3C 4T8
www.hydroquebec.com


Link http://electricenergyonline.com/detail_news.php?ID=653890
BACK SEND PRINT
Most consulted news