FFCB to redeem $226 million consolidated systemwide bonds on Dec. 23

By Tali David

Minneapolis, Dec. 16 - Federal Farm Credit Banks Funding Corp. announced the redemption of $226 million of consolidated systemwide bonds, according to a company news release.

The company will redeem the following bonds at par on Dec. 23:

• $102 million of 4.2% notes due Dec. 23, 2020;

• $100 million of 4.88% notes due Dec. 23, 2025;

• $12 million of 5.37% notes due Dec. 28, 2034; and

• $12 million of 5.12% notes due Dec. 28, 2029.

FFCB is a Jersey City, N.J.-based network of borrower-owned lending institutions and specialized service organizations.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.