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 1/15/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: Freddie Mac adds on $25 million three-year non-call 0.25-year step up global medium-term notes at 0.50% initial rate

New York, Jan. 15 - Freddie Mac added on $25 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
Issue:Step up global medium-term notes
Amount:$25 million
Maturity:Jan. 30, 2018
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
Price:Par
Call:Bermuda call beginning April 30
Pricing date:Jan. 13
Settlement date:Jan. 30
Underwriters:Stifel Nicolaus and Vining Sparks
Cusip:3134G5XM2

© 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.