New Issue: Freddie Mac prices $15 million 4.75-year non-call 0.5-year step up notes at 1.50% initial rate

New York, Jan. 19 - Freddie Mac priced $15 million of 1.50% initial rate 4.75-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 Oct. 26, 2021 and have a Bermuda call beginning July 26.

AAM Capital Markets Group and Merrill Lynch Pierce Fenner & Smith are the managers.

Issuer:	Freddie Mac
Issue:	Step up medium-term notes
Amount:	$15 million
Maturity:	Oct. 26, 2021
Coupon:	1.50% from Jan. 26, 2.00% from Jan. 26, 2018, 3.00% from Jan. 26, 2020, 4.00% from Jan. 26, 2021
Price:	Par
Call:	Bermuda call beginning July 26
Pricing date:	Jan. 18
Settlement date:	Jan. 26
Underwriters:	AAM Capital Markets Group and Merrill Lynch Pierce Fenner & Smith
Cusip:	3134GAU69

© 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.