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 1/11/2011 in the Prospect News Agency Daily.

New Issue: Freddie Mac prices $15.348 million seven-year non-call one-year step up Freddie Notes at 2.5% initial rate

New York, Jan. 11 - Freddie Mac priced $15.348 million of 2.5% initial rate seven-year non-call one-year step up Freddie Notes at par, according to the agency's web site.

The bonds will mature on Jan. 15, 2018 and have a Bermuda call beginning Jan. 15, 2012.

Incapital is the manager.

Issuer:Freddie Mac
Issue:Step up Freddie Notes
Amount:$15.348 million
Maturity:Jan. 15, 2018
Coupon:2.5% from Jan. 13, 2.75% from Jan. 15, 2014, 3% from Jan. 15, 2015, 4% from Jan. 15, 2016, 5% from Jan. 15, 2017
Price:Par
Call:Bermuda call beginning Jan. 15, 2012
Pricing date:Jan. 10
Settlement date:Jan. 13
Underwriter:Incapital
Cusip:3133F4Q20

© 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.