Published on 6/18/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million two-year non-call 0.25-year step up notes at 0.50% initial rate
New York, June 18 - Freddie Mac priced $25 million of 0.50% initial rate two-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on July 14, 2017 and have a Bermuda call beginning Oct. 14.
BNY Mellon Capital Markets LLC, Wells Fargo Securities and Vining Sparks are the managers.
| Issuer: | Freddie Mac
|
| Issue: | Step up medium-term notes
|
| Amount: | $25 million
|
| Maturity: | July 14, 2017
|
| Coupon: | 0.50% from July 14, 0.75% from Jan. 14, 2016, 1.00% from July 14, 2016, 2.00% from Jan. 14, 2017
|
| Price: | Par
|
| Call: | Bermuda call beginning Oct. 14
|
| Pricing date: | June 17
|
| Settlement date: | July 14
|
| Underwriters: | BNY Mellon Capital Markets LLC, Wells Fargo Securities and Vining Sparks
|
| Cusip: | 3134G7DB4
|
|
|
© 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.
