E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/4/2012 in the Prospect News Agency DailyProspect News Liability Management Daily.

FFCB to redeem $1.23 billion of consolidated systemwide bonds at par

By Ashley Montgomery

Kansas City, Kan., Nov. 30 - Federal Farm Credit Banks Funding Corp. will redeem $1,227,000,000 of its federal farm credit banks consolidated systemwide bonds, the company announced in a news release.

The bonds are to be redeemed in whole at par on Jan. 11 and Jan. 13.

The following bonds will be redeemed Jan. 11:

• $150 million of 0.75% bonds due Jan. 11, 2013;

• $170 million of 2.37% bonds due Jan. 11, 2016;

• $405 million of 1.37% bonds due Nov. 18, 2015;

• $100 million of 1.99% bonds due Aug. 25, 2017;

• $192 million of 2.36% bonds due Aug. 28, 2018;

• $75 million of 1.83% bonds due March 1, 2017; and

• $110 million of 1.75% bonds due March 6, 2017.

On Jan. 13, $25 million of 3.68% bonds due Sept. 8, 2025 will be redeemed.

Questions may be directed to the Finance Department at 201 200-8030.


© 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.