MONTREAL, July 3, 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 92,564 plus interest
deemed to have accrued from February 15,
2024. The yield is 4.402%.
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, Casgrain & Company Limited, CIBC
World Markets Inc., Desjardins Securities Inc., Laurentian Bank
Securities Inc., RBC Dominion Securities Inc. and Scotia Capital
Inc. acting as other managers.
This is the thirteenth 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$7,000,000,000.
SOURCE Hydro-Québec