Published on 6/16/2017 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year callable one time at one year step up notes at 1.50% initial rate
New York, June 16 - Freddie Mac priced $25 million of 1.50% initial rate five-year callable one time at one year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on June 29, 2022 and are callable one time on June 29, 2018.
Suntrust Robinson Humphrey Inc., Stifel Nicolaus and Incapital are the managers.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $25 million
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Maturity: | June 29, 2022
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Coupon: | 1.50% from June 29, 2.25% from June 29, 2018
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Price: | Par
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Call: | One time on June 29, 2018
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Pricing date: | June 15
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Settlement date: | June 29
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Underwriters: | Suntrust Robinson Humphrey Inc., Stifel Nicolaus and Incapital
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Cusip: | 3134GBUZ3
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