MONTREAL, Nov. 3, 2011 /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 123.836 plus interest deemed to
have accrued from August 15, 2011. The yield is 3.811%.
The lead manager for this issue is National Bank Financial Inc. with BMO
Nesbitt Burns Inc. and The Toronto-Dominion Bank acting as co-lead
managers, and, Casgrain & Company Limited, CIBC World Markets Inc.,
Desjardins Securities Inc., Laurentian Bank Securities Inc.,
Merrill Lynch Canada Inc., RBC Dominion Securities Inc. and
Scotia Capital Inc. acting as other managers.
This is the ninth 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
Media and Emergency Communications
Ariane Connor, Media Relations
Tel: (514) 289-5982
Press Room: http://www.hydroquebec.com/media