Published on 1/30/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million four-year callable one time at one year step up notes at 0.625% initial rate
New York, Jan. 30 - Freddie Mac priced $25 million of 0.625% initial rate four-year callable one time at one year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on Feb. 26, 2019 and are callable one time on Feb. 26, 2016.
Stifel Nicolaus and Vining Sparks are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | Feb. 26, 2019
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Coupon: | 0.625% from Feb. 26, 2.00% from Feb. 26, 2016
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Price: | Par
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Call: | One time on Feb. 26, 2016
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Pricing date: | Jan. 29
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Settlement date: | Feb. 26
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Underwriters: | Stifel Nicolaus and Vining Sparks
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Cusip: | 3134G6CL5
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