Published on 3/15/2018 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $15 million five-year non-call 0.25-year step up notes at 2.20% initial rate
New York, March 15 - Freddie Mac priced $15 million of 2.20% initial rate five-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on April 25, 2023 and have a Bermuda call beginning July 25.
Loop Capital Markets LLC is the manager.
Issuer: | Freddie Mac
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Issue: | Step up medium-term notes
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Amount: | $15 million
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Maturity: | April 25, 2023
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Coupon: | 2.20% from April 25, 3.20% from April 25, 2019, 4.20% from April 25, 2020, 5.20% from April 25, 2021, 6.20% from April 25, 2022
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Price: | Par
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Call: | Bermuda call beginning July 25
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Pricing date: | March 13
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Settlement date: | April 25
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Underwriter: | Loop Capital Markets LLC
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Cusip: | 3134GSHK4
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