0001193125-26-012511 Sample Contracts
QUÉBECTerms Agreement • January 14th, 2026 • 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 7, 2026 (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 14, 2031 FISCAL AGENCY AGREEMENTFiscal Agency Agreement • January 14th, 2026 • Quebec • Foreign governments
WHEREAS pursuant to a terms agreement (the “Terms Agreement”), dated January 7, 2026, among the Issuer, on the one hand, and CIBC World Markets Corp., HSBC Bank plc, J.P. Morgan Securities plc, National Bank of Canada Financial Inc. and RBC Capital Markets, LLC, each acting on behalf of itself, on the other hand, which incorporates by reference all of the provisions of the Québec Underwriting Agreement Standard Provisions (Debt Securities), dated January 7, 2026, the Issuer has agreed to create, issue and sell U.S.$4,500,000,000 aggregate principal amount of 3.875% Global Notes Series RH due January 14, 2031 (herein collectively called the “Notes” or, individually, a “Note”);