Hydro-Québec – issue of 3.40% medium-term notes maturing on …

news-col-date">Montreal, January 26, 2023

Hydro-Québec announces that it has negotiated, on the Canadian domestic market, the issue of CAN$600,000,000 of notes, series 0086, due September 1, 2029, under its Canadian Medium-Term Note Program.

The notes will bear interest at a rate of 3.40%, payable semi-annually, and will be offered in the market at a price of 100.062 plus interest deemed to have accrued since 1is September 2022. The yield is 3.389%.

The group of underwriters is composed of: National Bank Financial Inc., lead manager, BMO Nesbitt Burns Inc. and Desjardins Securities Inc., co-lead managers, and Casgrain & Company Limited, The Toronto-Dominion Bank, Markets CIBC Global Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and Laurentian Bank Securities Inc., as other managers.

This is a new issue designated as series 0086.


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

Caroline DesRosiers
Press Officer
(514) 289-5005
[email protected]

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