MONTREAL, Dec. 5 /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 102.881 plus interest deemed to have
accrued from August 15, 2007. The yield is 4.832%.
The lead manager for this issue is National Bank Financial Inc. with RBC
Dominion Securities Inc. and The Toronto-Dominion Bank 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 Scotia Capital Inc. acting as other managers.
This is the fifth 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$3,000,000,000.
For further information:
For further information: Jean-Hugues Lafleur, Corporate Treasurer, (514)
289-4772; Hydro-Québec - Media Relations, Flavie Côté, Press Officer, (514)
289-2211, #2220, Cote.Flavie@hydro.qc.ca; Press room: