Published on 7/8/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $50 million seven-year non-call one-year step up notes at 2% initial rate
New York, July 8 - Freddie Mac priced $50 million of 2% initial rate seven-year non-call one-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on July 20, 2018 and have a Bermuda call beginning July 20, 2012.
Stifel Nicolaus is the manager.
| Issuer: | Freddie Mac
|
| Issue: | Step up medium-term notes
|
| Amount: | $50 million
|
| Maturity: | July 20, 2018
|
| Coupon: | 2% from July 20, 3% from July 20, 2013, 4% from July 20, 2014
|
| Price: | Par
|
| Call: | Bermuda call beginning July 20, 2012
|
| Pricing date: | July 7
|
| Settlement date: | July 20
|
| Underwriter: | Stifel Nicolaus
|
| Cusip: | 3134G2RW4
|
© 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.
