By Susanna Moon
Chicago, May 19 - Freddie Mac priced $6 billion of 1.75% notes due June 15, 2012 at 99.676 to yield 1.859%, according to an agency press release.
Interest is payable quarterly.
The bonds are non-callable and priced at 46.5 basis points over the three-year Treasury note.
The notes were offered via a syndicate of dealers led by Barclays Capital Inc., Banc of America Securities LLC and J.P. Morgan Securities Inc.
The issuer said it applied to list the issue on the euro MTF market of the Luxembourg Stock Exchange.
The issue will settle on May 21.
| Issuer: | Freddie Mac
|
| Issue: | Notes
|
| Amount: | $6 billion
|
| Maturity: | June 15, 2012
|
| Managers: | Barclays Capital Inc., Banc of America Securities LLC and J.P. Morgan Securities Inc.
|
| Coupon: | 1.75%
|
| Price: | 99.676
|
| Yield: | 1.859%
|
| Spread: | 46.5 bps over three-year Treasuries
|
| Call option: | None
|
| Settlement date: | May 21
|
© 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.
