Published on 10/30/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year non-call 0.25-year step up notes at 1.625% initial rate
New York, Oct. 30 - Freddie Mac priced $25 million of 1.625% 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 Nov. 20, 2019 and have a Bermuda call beginning Feb. 20, 2015.
Stifel Nicolaus and BNY Mellon Capital Markets LLC are the managers.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $25 million
|
Maturity: | Nov. 20, 2019
|
Coupon: | 1.625% from Nov. 20, 1.75% from Nov. 20, 2016, 2.00% from Nov. 20, 2017, 3.00% from Nov. 20, 2018, 4.00% from May 20, 2019
|
Price: | Par
|
Call: | Bermuda call beginning Feb. 20, 2015
|
Pricing date: | Oct. 28
|
Settlement date: | Nov. 20
|
Underwriters: | Stifel Nicolaus and BNY Mellon Capital Markets LLC
|
Cusip: | 3134G5NB7
|
|
© 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.