E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/8/2011 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million five-year non-call 0.25-year step up notes at 1.05% initial rate

New York, July 8 - Freddie Mac added on $25 million of 1.05% initial rate five-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on July 27, 2016 and have a Bermuda call beginning Oct. 27.

Jefferies & Co. Inc. and UBS Securities LLC are the managers.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:July 27, 2016
Coupon:1.05% from July 27, 2.05% from July 27, 2012, 3.05% from July 27, 2013, 4.05% from July 27, 2014, 5.05% from July 27, 2015
Price:Par
Call:Bermuda call beginning Oct. 27
Pricing date:July 7
Settlement date:July 27
Underwriters:Jefferies & Co. Inc. and UBS Securities LLC
Cusip:3134G2RH7

© 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.