Published on 4/13/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $15 million seven-year non-call 0.5-year step up notes at 2.00% initial rate
New York, April 13 - Freddie Mac priced $15 million of 2.00% initial rate seven-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 26, 2024 and have a Bermuda call beginning Oct. 26.
Piper Jaffray & Co. and Vining Sparks are the managers.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $15 million
|
Maturity: | April 26, 2024
|
Coupon: | 2.00% from April 26, 2.50% from April 26, 2019, 3.00% from April 26, 2021, 4.00% from April 26, 2023
|
Price: | Par
|
Call: | Bermuda call beginning Oct. 26
|
Pricing date: | April 12
|
Settlement date: | April 26
|
Underwriters: | Piper Jaffray & Co. and Vining Sparks
|
Cusip: | 3134GBHV7
|
|
© 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.