By Jennifer Chiou
New York, Aug. 5 - Freddie Mac priced $4.5 billion of three-year Reference Notes on Wednesday to yield Treasuries plus 37.5 basis points, according to an agency news release.
The notes, which mature Sept. 21, 2012, priced at 99.959 with a 2.125% coupon to yield 2.138%.
Settlement is slated for Thursday.
A syndicate of dealers was headed by J.P. Morgan Securities Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc.
Freddie Mac added that application was made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.
In all, Freddie Mac has issued $45.5 billion of Reference Notes during 2009.
| Issuer: | Freddie Mac
|
| Issue: | Reference Notes
|
| Amount: | $4.5 billion
|
| Maturity: | Sept. 21, 2012
|
| Managers: | J.P. Morgan Securities Inc., Barclays Capital Inc. and Deutsche Bank Securities Inc.
|
| Coupon: | 2.125%
|
| Price: | 99.959
|
| Yield: | 2.138%
|
| Spread: | Three-year Treasuries plus 37.5 bps
|
| Call option: | Non-callable
|
| Pricing date: | Aug. 5
|
| Settlement date: | Aug. 6
|
© 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.
