New Issue: Freddie Mac prices $100 million five-year non-call 0.25-year step up notes at 1.00% initial rate

New York, Sept. 29 - Freddie Mac priced $100 million of 1.00% initial rate five-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 Sept. 30, 2021 and have a Bermuda call beginning Dec. 30.

First Tennessee Bank NA Memphis is the manager.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$100 million
Maturity:	Sept. 30, 2021
Coupon:	1.00% from Sept. 30, 2020, 1.125% from Sept. 30, 2018, 1.20% from Sept. 30, 2017, 1.70% from June 30, 2017, 2.00% from March 30, 2017, 2.05% from Dec. 30, 2.20% from Sept. 30
Price:	Par
Call:	Bermuda call beginning Dec. 30
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Underwriter:	First Tennessee Bank NA Memphis
Cusip:	3134GAQK3

© 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.