Published on 2/14/2012 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $50 million 15-year non-call one-year step up notes at 2% initial rate
New York, Feb. 14 - Freddie Mac priced $50 million of 2% initial rate 15-year non-call one-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on March 8, 2027 and have a Bermuda call beginning March 8, 2013.
Morgan Keegan & Co. Inc. is the manager.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $50 million
|
Maturity: | March 8, 2027
|
Coupon: | 2% from March 8, 4.75% from March 8, 2017
|
Price: | Par
|
Call: | Bermuda call beginning March 8, 2013
|
Pricing date: | Feb. 13
|
Settlement date: | March 8
|
Underwriter: | Morgan Keegan & Co. Inc.
|
Cusip: | 3134G3QM5
|
© 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.