Freddie Mac preps seven-year Reference Note offering for Friday

By Andrea Heisinger

New York, Sept. 27 - Freddie Mac announced a new offering of Reference Notes due Oct. 2, 2019 with pricing scheduled for Friday, according to a market source and a press release.

The notes are being talked in the Treasuries plus 25 basis points area, the source said. Settlement is set for Oct. 2.

Bookrunners are Barclays, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

The government-backed mortgage lender is based in McLean, Va.

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