Montréal, January 11, 2022

Press Release

Hydro-Québec - Issue of medium term notes 2.00% due September 1, 2028 on the Canadian market

Hydro-Québec announces that it has negotiated on the Canadian domestic market the issue of new notes totaling CA$600,000,000, Series 0082 maturing on September 1, 2028, under its Canadian Medium Term Note Programme.

The notes, with a coupon of 2.00% payable semi-annually, will be offered on the market at a price of 99.691 plus interest deemed to have accrued from September 1, 2021.  The yield is 2.050%.

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

This is a new issue designated as Series 0082.


For information:

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

Caroline Des Rosiers
Press Officer
(514) 289-5005

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