By Angela McDaniels
Tacoma, Wash., April 30 - Freddie Mac priced $3 billion of 21-month global medium-term notes at Libor minus 14 basis points on Wednesday, according to the agency's web site.
The non-callable bonds priced at par and will mature on Feb. 1, 2011.
Interest is reset monthly and payable quarterly.
J.P. Morgan Securities Inc. is the lead manager with Goldman, Sachs & Co. as co-manager.
Settlement will occur Friday.
| Issuer: | Freddie Mac
|
| Issue: | Global medium-term notes
|
| Amount: | $3 billion
|
| Maturity: | Feb. 1, 2011
|
| Coupon: | Libor minus 14 bps, payable quarterly
|
| Price: | Par
|
| Call option: | None
|
| Managers: | J.P. Morgan Securities Inc. (lead) and Goldman, Sachs & Co.
|
| Pricing date: | April 29
|
| Settlement date: | May 1
|
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