New Issue: Freddie Mac prices $50 million seven-year non-call one-year step up notes at 1.42% initial rate

New York, March 29 - Freddie Mac priced $50 million of 1.42% initial rate seven-year non-call one-year step up medium-term notes at par, according to the agency's web site.

The bonds will mature on March 30, 2023 and have a Bermuda call beginning March 30, 2017.

Raymond James & Associates Inc. is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$50 million
Maturity:	March 30, 2023
Coupon:	1.42% from March 30, 2.00% from March 30, 2018, 3.00% from March 30, 2020, 4.00% from March 30, 2021, 5.00% from March 30, 2022
Price:	Par
Call:	Bermuda call beginning March 30, 2017
Pricing date:	March 24
Settlement date:	March 30
Underwriter:	Raymond James & Associates Inc.
Cusip:	3134G8VF3

© 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.