Published on 3/18/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million three-year non-call 0.25-year step up notes at 0.75% initial rate
New York, March 18 - Freddie Mac priced $25 million of 0.75% initial rate three-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 17, 2018 and have a Bermuda call beginning July 17.
BMO Capital Markets Corp. and Vining Sparks are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | April 17, 2018
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Coupon: | 0.75% from April 17, 1.50% from April 17, 2016, 3.00% from April 17, 2017
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Price: | Par
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Call: | Bermuda call beginning July 17
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Pricing date: | March 17
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Settlement date: | April 17
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Underwriters: | BMO Capital Markets Corp. and Vining Sparks
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Cusip: | 3134G6MU4
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