MONTREAL, Oct. 31, 2014 /CNW Telbec/ - Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of CA$500,000,000 of debentures, Series JQ, maturing on February 15, 2055.
The debentures, with a coupon of 4.00%, payable semi-annually, will be offered on the market at a price of 108.041 plus interest deemed to have accrued from August 15, 2014. The yield is 3.619%.
The lead manager for this issue is National Bank Financial Inc. with CIBC World Markets Inc. and RBC Dominion Securities Inc. acting as co-lead managers, and, BMO Nesbitt Burns Inc., Casgrain & Company Limited, Desjardins Securities Inc., Laurentian Bank Securities Inc., Scotia Capital Inc. and The Toronto-Dominion Bank acting as other managers.
For further information: Jean-Hugues Lafleur, Vice-président - Financing, Tresury and Pension Fund, Hydro-Québec, Tél. : 514 289-4772; Serge Abergel, Press officer, Tél. : 514 289-5005, Courriel : [email protected], Salle des nouvelles : http://nouvelles.hydroquebec.com/fr/