Hydro-Québec: issue of debentures 4.00% due February 15, 2055 on the Canadian market

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 with CIBC World Markets and RBC Dominion Securities acting as co-lead managers, and, BMO Nesbitt Burns, Casgrain & Company Limited, Desjardins Securities, Laurentian Bank Securities, Scotia Capital and The Toronto-Dominion Bank acting as other managers.

Source :

Jean-Hugues Lafleur
Vice-président – Financement, trésorerie et caisse de retraite
Hydro-Québec
514 289-4772

Serge Abergel
Attaché de presse
514 289-5005
abergel.serge@hydro.qc.ca