Published on 6/18/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac adds on $40 million five-year non-call 0.5-year step up notes at 1.50% initial rate
New York, June 18 - Freddie Mac added on $40 million of 1.50% 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 24, 2020 and have a Bermuda call beginning Dec. 24.
Stifel Nicolaus is the manager.
| Issuer: | Freddie Mac
|
| Issue: | Step up medium-term notes
|
| Amount: | $40 million
|
| Maturity: | June 24, 2020
|
| Coupon: | 1.50% from June 29, 1.75% from June 24, 2016, 2.00% from June 24, 2017, 2.50% from June 24, 2018, 3.50% from June 24, 2019
|
| Price: | Par
|
| Call: | Bermuda call beginning Dec. 24
|
| Pricing date: | June 15
|
| Settlement date: | June 29
|
| Underwriter: | Stifel Nicolaus
|
| Cusip: | 3134G7BB6
|
|
|
© 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.
