MONTREAL, June 13, 2012 /CNW Telbec/ - Hydro-Québec announces that it
has negotiated a new issue of US$ 1,000,000,000 on the world market,
Series JP, maturing on June 19, 2017.
The debentures, guaranteed by Québec, dated June 19, 2012, will bear
interest at 1.375%, payable semi-annually, on June 19 and December 19
of each year.
The debentures will be distributed simultaneously on the Canadian,
American, European and Asian markets by an international group of
underwriters. They will be offered on the market at a price of 99.884 %
to yield 1.399%.
BofA Merrill Lynch, CIBC, HSBC and RBC Capital Markets will be joint
National Bank of Canada Financial, BMO Capital Markets, BNP PARIBAS,
Deutsche Bank Securities and Scotiabank GBM will be the senior
co-managers of the issue.
Casgrain & Company Limited, Desjardins Capital Markets, J.P. Morgan,
Mitsubishi UFJ Securities, RBS, SOCIETE GENERALE, TD Securities and UBS
Investment Bank will act as co-managers.
For further information:
Vice President - Financing, Treasury and Pension Fund
Tel.: (514) 289-4772
Ariane Connor, Media Relations
Tel: (514) 289-5982