MONTREAL, Sept. 17,
2024 /CNW/ - Hydro-Québec announces that it has
negotiated on the Canadian domestic market the issue of
CA$500,000,000 of Debentures, Series JU, maturing on
February 15, 2065.
The Debentures, with a coupon of 4.00%, payable semi-annually,
will be offered on the market at a price of 99.639 plus interest
deemed to have accrued from August 15,
2024. The yield is 4.018%.
The lead manager for this issue is National Bank Financial Inc.
with BMO Nesbitt Burns Inc. and Desjardins Securities Inc.
acting as co-lead managers, Casgrain & Company
Limited, CIBC World Markets Inc., Laurentian Bank Securities Inc.,
RBC Dominion Securities Inc., Scotia Capital Inc. and The
Toronto-Dominion Bank acting as other managers.
This is a new issue designated as Series JU.
SOURCE Hydro-Québec