Published on 6/30/2009 in the Prospect News Agency Daily.
New Issue: Freddie Mac prices $1 billion 1.625% two-year callable global notes
By Angela McDaniels
Tacoma, Wash., June 30 - Freddie Mac priced $1 billion of 1.625% global medium-term notes due July 22, 2011 at par, according to the agency's web site.
The bonds have a Bermudan call option starting Oct. 22, 2009.
UBS AG is the underwriter.
The issue will settle on July 22.
| Issuer: | Freddie Mac
|
| Issue: | Global medium-term notes
|
| Amount: | $1 billion
|
| Maturity: | July 22, 2011
|
| Underwriter: | UBS AG
|
| Coupon: | 1.625%, payable semiannually
|
| Price: | Par
|
| Yield: | 1.625%
|
| Call option: | Beginning Oct. 22, 2009
|
| Pricing date: | June 26
|
| Settlement date: | July 22
|
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