New Issue: Freddie Mac prices $300 million five-year non-call 0.5-year step up global medium-term notes at 1.66% initial rate

New York, May 11 - Freddie Mac priced $300 million of 1.66% initial rate five-year non-call 0.5-year step up global 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.

Samuel A. Ramirez & Co. Inc., Wells Fargo Securities and Drexel Hamilton LLC are the managers.

Issuer:	Freddie Mac
Issue:	Step up global medium-term notes
Amount:	$300 million
Maturity:	May 27, 2022
Coupon:	1.66% from May 30, 2.00% from May 27, 2018, 2.25% from Nov. 27, 2018, 2.375% from May 27, 2019, 2.625% from Nov. 27, 2019, 2.75% from May 27, 2020, 3.25% from Nov. 27, 2020, 3.75% from May 27, 2021, 4.25% from Nov. 27, 2021
Price:	Par
Call:	Bermuda call beginning Nov. 27
Pricing date:	May 9
Settlement date:	May 30
Underwriters:	Samuel A. Ramirez & Co. Inc., Wells Fargo Securities and Drexel Hamilton LLC
Cusip:	3134GBQF2

© 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.