Farmer Mac's 5.875% preferred stock admitted to begin trading on NYSE

By Tali David

Minneapolis, Jan. 23 - Federal Agricultural Mortgage Corp.'s (Farmer Mac) 5.875% series A non-cumulative preferred stock has been admitted to trading on the New York Stock Exchange, according to a notice.

The notes trade under the symbol "AGM PR A."

The company priced $60 million of the preferreds on Jan. 14.

Bank of America Merrill Lynch is the lead on the deal.

Farmer Mac is a Washington, D.C.-based provider of credit in rural America.

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