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Published on 8/24/2011 in the Prospect News Agency DailyProspect News Liability Management Daily.

Fannie Mae plans to redeem $300 million medium-term notes at par

By Toni Weeks

San Diego, Aug. 24 - Fannie Mae said that it will redeem $300 million of its medium-term notes, according to a press release.

The redemption price will be the principal amount plus accrued interest up to the redemption date.

Affected are the following securities, which will be redeemed Sept. 3:

• $125 million of 3% notes due Dec. 3, 2025;

• $50 million of 2.125% notes due Sept. 3, 2019;

• $50 million of 3.1% notes due Sept. 3, 2020; and

• $75 million of 0.5% notes due Dec. 3, 2013.


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