Published on 4/26/2016 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 0.80% initial rate
New York, April 26 - Freddie Mac priced $25 million of 0.80% 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 May 23, 2019 and have a Bermuda call beginning Aug. 23.
KGS Alpha Capital Markets LP and Jefferies & Co. Inc. 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: | May 23, 2019
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| Coupon: | 0.80% from May 23, 2.00% from May 23, 2017, 3.00% from May 23, 2018
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| Price: | Par
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| Call: | Bermuda call beginning Aug. 23
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| Pricing date: | April 22
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| Settlement date: | May 23
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| Underwriters: | KGS Alpha Capital Markets LP and Jefferies & Co. Inc.
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| Cusip: | 3134G9EM5
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