Freddie Mac to redeem $550 million of medium-term notes on May 7, 8

By Tali Rackner

Norfolk, Va., May 2 – Freddie Mac plans to redeem $550 million of its medium-term notes, according to a press release.

The company will redeem $25 million of the notes on May 7 and the rest on May 8.

The redemption price is par plus accrued interest.

The government-sponsored enterprise is based in McLean, Va.

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