MONTREAL, Aug. 2 /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 99.512 plus interest deemed to have
accrued from February 15, 2007. The yield is 5.029%.
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 third 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$2,000,000,000.
For further information:
For further information: Jean-Hugues Lafleur, Acting Corporate
Treasurer, (514) 289-4284; Media Relations: Flavie Côté, Press Officer, (514)
289-2220, Cote.Flavie@hydro.qc.ca; Press room: