•  
BACK SEND PRINT-

Hydro-Québec
Hydro-Québec - Issue of debentures due February 15, 2055 on the Canadian market



October 5, 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 114.776 plus interest deemed to have accrued from August 15, 2017. The yield is 3.308%.

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

This is the second 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$1,500,000,000.

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

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=659359
BACK SEND PRINT
Most consulted news
Click here to try the new version of Electric Energy Online!