Published on 1/9/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac adds on $140 million three-year non-call 0.25-year step up global medium-term notes at 0.50% initial rate
New York, Jan. 9 - Freddie Mac added on $140 million of 0.50% initial rate three-year non-call 0.25-year step up global medium-term notes at par, according to the agency's web site.
The bonds will mature on Jan. 30, 2018 and have a Bermuda call beginning April 30.
Stifel Nicolaus and Vining Sparks are the managers.
Issuer: | Freddie Mac
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Issue: | Step up global medium-term notes
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Amount: | $140 million
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Maturity: | Jan. 30, 2018
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Coupon: | 0.50% from Jan. 30, 0.75% from July 30, 1.00% from Oct. 30, 1.25% from Jan. 30, 2016, 1.50% from April 30, 2016, 1.75% from July 30, 2016, 2.00% from Oct. 30, 2016, 2.25% from Jan. 30, 2017, 2.50% from April 30, 2017, 2.75% from July 30, 2017, 3.00% from Oct. 30, 2017
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Price: | Par
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Call: | Bermuda call beginning April 30
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Pricing date: | Jan. 7
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Settlement date: | Jan. 30
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Underwriters: | Stifel Nicolaus and Vining Sparks
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Cusip: | 3134G5XM2
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