Published on 3/24/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $250 million three-year non-call 0.25-year step up global medium-term notes at 0.75% initial rate
New York, March 24 - Freddie Mac priced $250 million of 0.75% 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 April 13, 2018 and have a Bermuda call beginning July 13.
TD Securities (USA) LLC is the manager.
| Issuer: | Freddie Mac
|
| Issue: | Step up global medium-term notes
|
| Amount: | $250 million
|
| Maturity: | April 13, 2018
|
| Coupon: | 0.75% from April 13, 1.25% from Jan. 13, 2016, 1.50% from July 13, 2016, 2.00% from Jan. 13, 2017, 2.25% from July 13, 2017, 2.50% from Oct. 13, 2017, 3.00% from Jan. 13, 2018
|
| Price: | Par
|
| Call: | Bermuda call beginning July 13
|
| Pricing date: | March 20
|
| Settlement date: | April 13
|
| Underwriter: | TD Securities (USA) LLC
|
| Cusip: | 3134G6PD9
|
|
|
© 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.
