Published on 3/18/2016 in the Prospect News Agency DailyProspect News Investment Grade Daily.
New Issue: Freddie Mac sells $2.5 billion 1.125% three-year Reference Notes at Treasuries plus 12.5 bps
By Aleesia Forni
New York, March 17 – Freddie Mac priced $2.5 billion of 1.125% Reference Notes due April 15, 2019 on Friday at Treasuries plus 12.5 basis points, according to a company release.
The notes sold at 99.967 to yield 1.136%.
Barclays, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC headed the syndicate.
The government-backed mortgage lender is based in McLean, Va.
Issuer: | Freddie Mac
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Amount: | $2.5 billion
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Description: | Reference notes
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Maturity: | April 15, 2019
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Bookrunners: | Barclays, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC
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Coupon: | 1.125%
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Price: | 99.967
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Yield: | 1.136%
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Spread: | Treasuries plus 12.5 bps
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Trade date: | March 18
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Settlement date: | March 21
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