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Published on 8/25/2020 in the Prospect News Agency DailyProspect News Investment Grade Daily.

Fannie Mae to offer five-year Benchmark Notes via four bookrunners

By Devika Patel

Knoxville, Tenn., Aug. 25 – Fannie Mae announced that it will issue Benchmark Notes due Aug. 25, 2025.

The company said in a press release that the settlement date for the notes is Aug. 27, by which time the company will have decided on the issue size and coupon.

Barclays, J.P. Morgan Securities LLC, Loop Capital Markets LLC and Wells Fargo Securities LLC are the bookrunners.

The co-managers include Alamo Capital, Blaylock Van, LLC, Cabrera Capital Markets LLC, Mischler Financial Group Inc. and Samuel A. Ramirez & Co. Inc.

Fannie Mae is a mortgage credit provider based in Washington, D.C.


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