Le Lézard
Classified in: Business
Subjects: OFR, RTG

Hydro-Québec - Issue of debentures due February 15, 2055 on the Canadian market


MONTREAL, Oct. 4, 2017 /CNW Telbec/ - 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 114.776 plus interest deemed to have accrued from August 15, 2017. The yield is 3.308%.

The lead manager for this issue is National Bank Financial Inc. with CIBC World Markets Inc. and The Toronto-Dominion Bank acting as co-lead managers, BMO Nesbitt Burns Inc., Casgrain & Company Limited, Desjardins Securities Inc., Laurentian Bank Securities Inc., RBC Dominion Securities Inc. and Scotia Capital Inc. acting as other managers.

This is the second additional tranche of Debentures, Series JQ, issued initially on November 4, 2014 and the total aggregate principal amount of debentures outstanding under this series now amounts to CA$1,500,000,000.

 

SOURCE Hydro-Québec


These press releases may also interest you

at 11:19
Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, is thrilled to unveil its newly redesigned website. Boasting a contemporary look, upgraded functionality, and an immersive user...

at 11:15
Blo Blow Dry Bar, North America's original blow dry bar and blow dry bar franchise, has secured a multi-unit agreement that will mark the brand's debut in Orange County. Three bars will be coming to the market with the first one slated to open this...

at 11:15
Blue Shield of California is expanding its award-winning digital health platform Wellvolution to include three new programs ? SworkIt, Kaia and Sword Health ? to support members with musculoskeletal health needs....

at 11:11
According to the latest Workforce Monitor® survey commissioned by the American Staffing Association and conducted online by The Harris Poll, 68% of Americans prefer a hybrid or in-person work schedule....

at 11:08
Nooks, the fastest-growing AI dialing & prospecting platform, announced today that it has raised $22M in Series A funding. The round was led by Lachy Groom with participation from Tola Capital and Stifel Venture Banking, bringing Nooks...

at 11:06
Didriks, your one-stop shop for all things home, is thrilled to announce the grand opening of a brand new outdoor furniture and parasol showroom conveniently located next to their store headquarters in Belmont Center. This dedicated space allows...



News published on and distributed by: