Published on 2/2/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $100 million 3.25-year non-call 0.25-year step up notes at 0.625% initial rate
New York, Feb. 2 - Freddie Mac priced $100 million of 0.625% initial rate 3.25-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 April 27, 2018 and have a Bermuda call beginning May 27.
Jefferies & Co. Inc. is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $100 million
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Maturity: | April 27, 2018
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Coupon: | 0.625% from Feb. 27, 1.25% from Nov. 27, 1.50% from Aug. 27, 2016, 2.00% from Feb. 27, 2017, 2.50% from Aug. 27, 2017, 3.00% from Feb. 27, 2018
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Price: | Par
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Call: | Bermuda call beginning May 27
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Pricing date: | Jan. 29
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Settlement date: | Feb. 27
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Underwriter: | Jefferies & Co. Inc.
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Cusip: | 3134G6DB6
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