Published on 5/3/2018 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year non-call one-year step up notes at 2.75% initial rate
New York, May 3 - Freddie Mac priced $25 million of 2.75% initial rate five-year non-call one-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on May 30, 2023 and have a Bermuda call beginning May 30, 2019.
Piper Jaffray & Co., Raymond James & Associates Inc., First Tennessee Bank NA Memphis and Finacorp Securities are the managers.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $25 million
|
Maturity: | May 30, 2023
|
Coupon: | 2.75% from May 30, 3.00% from May 30, 2019, 3.25% from May 30, 2020, 3.50% from May 30, 2021, 4.00% from May 30, 2022
|
Price: | Par
|
Call: | Bermuda call beginning May 30, 2019
|
Pricing date: | May 2
|
Settlement date: | May 30
|
Underwriters: | Piper Jaffray & Co., Raymond James & Associates Inc., First Tennessee Bank NA Memphis and Finacorp Securities
|
Cusip: | 3134GSLT0
|
|
© 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.