Published on 3/27/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $125 million five-year non-call 0.5-year step up notes at 1.00% initial rate
New York, March 27 - Freddie Mac priced $125 million of 1.00% initial rate five-year non-call 0.5-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on March 30, 2020 and have a Bermuda call beginning Sept. 30.
UBS Securities LLC is the manager.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $125 million
|
Maturity: | March 30, 2020
|
Coupon: | 1.00% from March 30, 1.50% from March 30, 2017, 2.00% from March 30, 2018, 3.00% from Sept. 30, 2018, 4.00% from March 30, 2019, 5.00% from Sept. 30, 2019
|
Price: | Par
|
Call: | Bermuda call beginning Sept. 30
|
Pricing date: | March 24
|
Settlement date: | March 30
|
Underwriter: | UBS Securities LLC
|
Cusip: | 3134G6QD8
|
|
© 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.