Freddie Mac to reopen 1.5% Reference Notes due 2020 for $500 million

By Devika Patel

Knoxville, Tenn., Feb. 8 – Freddie Mac will reopen its 1.5% Reference Notes due Jan. 17, 2020 to add $500 million via an internet-based auction, according to a company press release.

The issue will price on Wednesday and settle Thursday.

After the sale is complete, the total issue size will be $3.5 billion.

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

© 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.