E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/17/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $100 million two-year non-call 0.25-year step up notes at 0.75% initial rate

New York, Feb. 17 - Freddie Mac added on $100 million of 0.75% 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 Feb. 22, 2019 and have a Bermuda call beginning May 22.

Citigroup Global Markets is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$100 million
Maturity:Feb. 22, 2019
Coupon:0.75% from Feb. 22, 1.00% from May 22, 1.25% from Aug. 22, 1.50% from Nov. 22, 1.75% from Feb. 22, 2018, 2.00% from May 22, 2018, 2.25% from Aug. 22, 2018, 2.50% from Nov. 22, 2018
Price:Par
Call:Bermuda call beginning May 22
Pricing date:Feb. 16
Settlement date:Feb. 22
Underwriter:Citigroup Global Markets
Cusip:3134GA6K5

© 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.