Published on 3/11/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million three-year non-call 0.5-year step up notes at 1.00% initial rate
New York, March 11 - Freddie Mac priced $25 million of 1.00% initial rate three-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 29, 2019 and have a Bermuda call beginning Sept. 29.
BB&T Capital Markets and Brean Capital LLC 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: | March 29, 2019
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Coupon: | 1.00% from March 29, 2.00% from June 29, 2017
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Price: | Par
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Call: | Bermuda call beginning Sept. 29
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Pricing date: | March 10
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Settlement date: | March 29
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Underwriters: | BB&T Capital Markets and Brean Capital LLC
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Cusip: | 3134G8RK7
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