Published on 1/21/2011 in the Prospect News Agency Daily.
New Issue: Freddie Mac adds on $100 million eight-year non-call 0.5-year step up notes at 3% initial rate
New York, Jan. 21 - Freddie Mac added on $100 million of 3% initial rate eight-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on Jan. 28, 2019 and have a Bermuda call beginning July 28.
Stifel Nicolaus, Incapital and Bank of Nova Scotia THE are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $100 million
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Maturity: | Jan. 28, 2019
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Coupon: | 3% from Jan. 28, 3.5% from Jan. 28, 2015, 4% from Jan. 28, 2017, 5% from Jan. 28, 2018, 6% from July 28, 2018
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Price: | Par
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Call: | Bermuda call beginning July 28
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Pricing date: | Jan. 20
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Settlement date: | Jan. 28
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Underwriters: | Stifel Nicolaus, Incapital and Bank of Nova Scotia THE
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Cusip: | 3134G1S62
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