MONTREAL, July 19, 2012 /CNW Telbec/ - Hydro-Québec announces that it
has negotiated on the Canadian domestic market the issue of
CA$500,000,000 of debentures, Series JN, maturing on February 15, 2050.
The debentures, with a coupon of 5.00%, payable semi-annually, will be
offered on the market at a price of 132.648 plus interest deemed to
have accrued from February 15, 2012. The yield is 3.444%.
The lead manager for this issue is National Bank Financial Inc. with
RBC Dominion Securities Inc. and Scotia Capital Inc. acting as co-lead
managers, and, BMO Nesbitt Burns Inc., Casgrain & Company Limited, CIBC
World Markets Inc., Desjardins Securities Inc., Laurentian Bank
Securities Inc., Merrill Lynch Canada Inc. and The Toronto-Dominion
Bank acting as other managers.
This is the tenth additional tranche of Debentures, Series JN, issued
initially on January 15, 2009 and the total aggregate principal amount
of debentures outstanding under this series now amounts to
For further information:
Vice President - Financing, Treasury and Pension Fund
Tel.: (514) 289-4772
Louis-Olivier Batty, Media Relations
Tel: (514) 289-4214