MONTREAL, May 23, 2024
/CNW/ - Hydro-Québec announces that it has negotiated on the
Canadian domestic market the issue of CA$500,000,000 of Debentures,
Series JS, maturing on February 15,
2063.
The Debentures, with a coupon of 4.00%, payable semi-annually,
will be offered on the market at a price of 92,922 plus interest
deemed to have accrued from February 15,
2024. The yield is 4.381%.
The lead manager for this issue is National Bank Financial Inc.
with BMO Nesbitt Burns Inc. and CIBC World Markets Inc. acting as
co-lead managers, Casgrain & Company Limited,
Desjardins Securities Inc., Laurentian Bank Securities Inc., RBC
Dominion Securities Inc., Scotia Capital Inc. and The
Toronto-Dominion Bank acting as other managers.
This is the twelfth additional tranche of Debentures, Series JS,
issued initially on May 13, 2022 and
the total aggregate principal amount of Debentures outstanding
under this Series now amounts to CA$6,500,000,000.
SOURCE Hydro-Québec