Published on 5/20/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $105 million five-year non-call 0.5-year step up notes at 1.70% initial rate
New York, May 20 - Freddie Mac priced $105 million of 1.70% 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 June 11, 2020 and have a Bermuda call beginning Dec. 11.
Finacorp Securities is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $105 million
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Maturity: | June 11, 2020
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Coupon: | 1.70% from June 11, 2.25% from June 11, 2018, 3.50% from June 11, 2019
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Price: | Par
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Call: | Bermuda call beginning Dec. 11
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Pricing date: | May 19
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Settlement date: | June 11
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Underwriter: | Finacorp Securities
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Cusip: | 3134G6Z71
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