New Issue: Freddie Mac prices $25 million five-year non-call 0.5-year step up notes at 1.125% initial rate

New York, April 7 - Freddie Mac priced $25 million of 1.125% 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 April 12, 2021 and have a Bermuda call beginning Oct. 12.

First Tennessee Bank NA Memphis is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$25 million
Maturity:	April 12, 2021
Coupon:	1.125% from April 12, 1.50% from Oct. 12, 2018, 2.00% from Oct. 12, 2019, 4.00% from April 12, 2020, 6.00% from Oct. 12, 2020
Price:	Par
Call:	Bermuda call beginning Oct. 12
Pricing date:	April 5
Settlement date:	April 12
Underwriter:	First Tennessee Bank NA Memphis
Cusip:	3134G8YJ2

© 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.