MONTREAL, Oct. 3 /CNW Telbec/ - Hydro-Québec announces that it has
negotiated on the Canadian domestic market the issue of an additional tranche
of debentures of CA$500,000,000, Series JM, maturing on February 15, 2045.
The debentures, with a coupon of 5.00%, payable semi-annually, will be
offered on the market at a price of 100.129 plus interest deemed to have
accrued from August 15, 2007. The yield is 4.992%.
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 fourth additional tranche of Debentures, Series JM, issued
initially in October 2006 and the total aggregate principal amount of
debentures outstanding under this series now amounts to CA$2,500,000,000.
For further information:
For further information: Jean-Hugues Lafleur, Corporate Treasurer,
(514)289-4772; Flavie Côté, Press Officer, (514) 289-2220,
Cote.Flavie@hydro.qc.ca; Press room: http://www.hydroquebec.com/media