Published on 6/18/2015 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 1.00% initial rate
New York, June 18 - Freddie Mac priced $25 million of 1.00% 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 July 13, 2018 and have a Bermuda call beginning Oct. 13.
RBC Capital Markets Corp., Jefferies & Co. Inc. and Guggenheim 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: | July 13, 2018
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| Coupon: | 1.00% from July 13, 1.25% from July 13, 2016, 1.50% from Jan. 13, 2017, 2.00% from July 13, 2017, 3.00% from Jan. 13, 2018
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| Price: | Par
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| Call: | Bermuda call beginning Oct. 13
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| Pricing date: | June 15
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| Settlement date: | July 13
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| Underwriters: | RBC Capital Markets Corp., Jefferies & Co. Inc. and Guggenheim
|
| Cusip: | 3134G7CW9
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