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Published on 4/11/2018 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 2.00% initial rate

New York, April 11 - Freddie Mac priced $25 million of 2.00% 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 1, 2023 and have a Bermuda call beginning Nov. 1.

Loop Capital Markets LLC is the manager.

Issuer:Freddie Mac
Issue:Step up medium-term notes
Amount:$25 million
Maturity:May 1, 2023
Coupon:2.00% from May 1, 2021, 2.25% from May 1, 2020, 2.50% from May 1, 2019, 3.00% from Nov. 1, 4.00% from Aug. 1, 6.75% from May 1
Price:Par
Call:Bermuda call beginning Nov. 1
Pricing date:April 10
Settlement date:May 1
Underwriter:Loop Capital Markets LLC
Cusip:3134GSJW6

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