Published on 5/3/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year non-call 0.5-year step up notes at 1.25% initial rate
New York, May 3 - Freddie Mac priced $25 million of 1.25% initial rate five-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 May 27, 2022 and have a Bermuda call beginning Nov. 27.
Loop Capital Markets LLC is the manager.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $25 million
|
Maturity: | May 27, 2022
|
Coupon: | 1.25% from May 30, 1.75% from Nov. 27, 2.25% from May 27, 2018, 2.50% from Nov. 27, 2018, 2.75% from May 27, 2019, 3.00% from Nov. 27, 2019, 3.25% from May 27, 2020, 3.50% from Nov. 27, 2020, 3.75% from May 27, 2021, 4.00% from Nov. 27, 2021
|
Price: | Par
|
Call: | Bermuda call beginning Nov. 27
|
Pricing date: | May 2
|
Settlement date: | May 30
|
Underwriter: | Loop Capital Markets LLC
|
Cusip: | 3134GBNL2
|
|
© 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.