Published on 3/8/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $6.943 million 10-year non-call one-year step up Freddie Notes at 3% initial rate
New York, March 8 - Freddie Mac priced $6.943 million of 3% initial rate 10-year non-call one-year step up Freddie Notes at par, according to the agency's web site.
The bonds will mature on March 15, 2021 and have a Bermuda call beginning March 15, 2012.
Incapital is the manager.
Issuer: | Freddie Mac
|
Issue: | Step up Freddie Notes
|
Amount: | $6.943 million
|
Maturity: | March 15, 2021
|
Coupon: | 3% from March 10, 3.5% from March 15, 2014, 4% from March 15, 2016, 4.5% from March 15, 2017, 5% from March 15, 2018, 6% from March 15, 2019, 7% from March 15, 2020
|
Price: | Par
|
Call: | Bermuda call beginning March 15, 2012
|
Pricing date: | March 7
|
Settlement date: | March 10
|
Underwriter: | Incapital
|
Cusip: | 3133F4U41
|
© 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.