Published on 6/24/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year non-call 0.25-year step up notes at 1.25% initial rate
New York, June 24 - Freddie Mac priced $25 million of 1.25% initial rate five-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 15, 2020 and have a Bermuda call beginning Oct. 15.
Cantor Fitzgerald is the manager.
| Issuer: | Freddie Mac
|
| Issue: | Step up medium-term notes
|
| Amount: | $25 million
|
| Maturity: | July 15, 2020
|
| Coupon: | 1.25% from July 15, 2.00% from July 15, 2016, 3.00% from July 15, 2018
|
| Price: | Par
|
| Call: | Bermuda call beginning Oct. 15
|
| Pricing date: | June 23
|
| Settlement date: | July 15
|
| Underwriter: | Cantor Fitzgerald
|
| Cusip: | 3134G7FA4
|
|
|
© 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.
