QUÉBECTerms Agreement • January 31st, 2017 • Quebec • Foreign governments
On behalf of the several Underwriters named in Schedule I hereto and for their respective accounts, we offer to purchase on and subject to the terms and conditions of this Terms Agreement and the Québec Underwriting Agreement Standard Provisions (Debt Securities), dated January 24, 2017 (the “Underwriting Agreement Standard Provisions”), the following Designated Securities on the following terms. All of the provisions of the Underwriting Agreement Standard Provisions attached hereto are herein incorporated by reference in their entirety and shall be deemed to be a part of this Terms Agreement to the same extent as if such provisions had been set forth in full herein. Except as otherwise indicated, capitalized terms used herein have the meanings specified in the Underwriting Agreement Standard Provisions:
QUÉBEC DUE January 31, 2022 FISCAL AGENCY AGREEMENTFiscal Agency Agreement • January 31st, 2017 • Quebec • Foreign governments
WHEREAS pursuant to a terms agreement (the “Terms Agreement”), dated January 25, 2017, among the Issuer, on the one hand, and BMO Capital Markets Corp., Deutsche Bank AG, London Branch, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Scotia Capital (USA) Inc., each acting jointly on behalf of themselves and the several Underwriters named therein, on the other hand, which incorporates by reference all of the provisions of the Québec Underwriting Agreement Standard Provisions (Debt Securities), dated January 24, 2017, the Issuer has agreed to create, issue and sell U.S.$2,000,000,000 aggregate principal amount of 2.375% Global Notes Series QQ due January 31, 2022 (herein collectively called the “Notes” or, individually, a “Note”);
