Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact email@example.com
MONTREAL, Feb. 28, 2018 /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 119.222 plus interest deemed to have accrued from February 15, 2018. The yield is 3.120%.
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 third 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$2,000,000,000.
©2017 PR Newswire. All Rights Reserved.