MONTREAL, April 29,
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 88,988 plus interest
deemed to have accrued from February 15,
2024. The yield is 4.612%.
The lead manager for this issue is National Bank Financial Inc.
with Scotia Capital Inc. and The Toronto-Dominion Bank acting as
co-lead managers, BMO Nesbitt Burns Inc.,
Casgrain & Company Limited, CIBC World Markets Inc.,
Desjardins Securities Inc., Laurentian Bank Securities Inc. and RBC
Dominion Securities Inc. acting as other managers.
This is the eleventh 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$6,000,000,000.
SOURCE Hydro-Québec