Montréal, January 24, 2020

Press Release

Hydro-Québec issue of debentures 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 141.175 plus interest deemed to have accrued from August 15, 2019. The yield is 2.286%. 

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 eleventh 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$6,000,000,000.

For information: 

Jean-Hugues Lafleur
Executive Vice President and Chief Financial and Risk Officer
(514) 289-4772

Maxence Huard-Lefebvre
Press Officer
(514) 289-7701


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