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

MONTREAL, Jan. 11, 2022 /CNW Telbec/ - 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.

SOURCE Hydro-Québec

Jean-Hugues Lafleur, Executive Vice President and Chief Financial Officer, [phone]; Caroline Des Rosiers, Press Officer, [phone], [email protected]