Quebec Raises C$500 Mln from 10-Year Debt Issue

 
     By Ben Dummett 
 

        TORONTO--The province of Quebec reopened its bond maturing September 2024 to raise 500 million Canadian dollars ($456.2 million), according to a person familiar with the matter.
        The isssue was priced at 91.5 basis points over the Government of Canada 2.5% June 2024 benchmark to yield 3.325%. The bond pays a coupon of 3.75%.
        The province now has C$2 billion outstanding under the bond.
        Write to Ben Dummett at ben.dummett@wsj.com
        (END) Dow Jones Newswires

        May 02, 2014 10:27 ET (14:27 GMT)