Hydro-Québec US$1,000,000,000 1.375% Global Notes Series JP due June 19, 2017 Guaranteed irrevocably and unconditionally by QuébecFiscal Agency Agreement • June 19th, 2012 • Hydro Quebec • Electric, gas & sanitary services
WHEREAS pursuant to a terms agreement (the “Terms Agreement”), dated as of June 12, 2012, between Hydro-Québec, the Guarantor and Merrill Lynch, Pierce, Fenner & Smith Incorporated, CIBC World Markets Corp., HSBC Securities (USA) Inc. and RBC Capital Markets, LLC, as Representatives of the several Underwriters named therein, which incorporates by reference all of the provisions of the Underwriting Agreement Standard Provisions for Hydro-Québec’s Debt Securities Guaranteed Irrevocably and Unconditionally as to Principal, Premium and Interest by Québec, dated June 12, 2012, as amended or supplemented from time to time, Hydro-Québec has agreed to create, issue and sell $1,000,000,000 in lawful money of the United States of America (“U.S. dollars” or “US$” or “$”) aggregate principal amount of 1.375% Global Notes Series JP due June 19, 2017 (herein collectively called the “Notes”, or individually, a “Note”), guaranteed irrevocably and unconditionally by the Guarantor as to payments of prin
