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 6/6/2012 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $1.6 billion of consolidated systemwide bonds at par

By Ashley Montgomery

Kansas City, Kan., June 6 - Federal Farm Credit Banks Funding Corp. will redeem $1,595,000,000 of its consolidated systemwide bonds, the company announced in a news release.

The bonds will be redeemed in whole at par.

The following bonds will be redeemed June 12:

• $15 million 3.75% bonds due Feb. 17, 2032.

The following bonds will be redeemed on June 13:

• $310 million 0.95% bonds due Jan. 19, 2016;

• $350 million 1.05% bonds due June 13, 2014;

• $300 million 0.6% bonds due June 13, 2013;

• $275 million 3% bonds due June 13, 2018; and

• $45 million 0.99% bonds due Feb. 1, 2016.

The following bonds will be redeemed June 14:

• $65 million 3.24% bonds due June 14, 2017; and

• $55 million 2.37% bonds due Sept. 14, 2020.

The following bonds will be redeemed June 15:

• $15,542,000 2% bonds due Dec. 15, 2016;

• $25 million 3% bonds due June 15, 2019;

• $9.2 million 1.75% bonds due June 15, 2016;

• $20 million 1% bonds due Dec. 15, 2014; and

• $110 million 2.5% bonds due June 15, 2015.

Questions may be directed to the Finance Department at 201 200-8030.


© 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.