Published on 5/18/2018 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: Freddie Mac prices $25 million five-year non-call 0.25-year step up notes at 3.00% initial rate
New York, May 18 - Freddie Mac priced $25 million of 3.00% initial rate five-year non-call 0.25-year step up medium-term notes at par, according to the agency's web site.
The bonds will mature on June 14, 2023 and have a Bermuda call beginning Sept. 14.
Samuel A. Ramirez & Co. Inc. is the manager.
Issuer: | Freddie Mac
|
Issue: | Step up medium-term notes
|
Amount: | $25 million
|
Maturity: | June 14, 2023
|
Coupon: | 3.00% from June 14, 3.25% from Dec. 14, 2019, 3.50% from June 14, 2021, 3.75% from Dec. 14, 2021, 4.00% from June 14, 2022, 5.00% from Dec. 14, 2022
|
Price: | Par
|
Call: | Bermuda call beginning Sept. 14
|
Pricing date: | May 17
|
Settlement date: | June 14
|
Underwriter: | Samuel A. Ramirez & Co. Inc.
|
Cusip: | 3134GSMW2
|
|
© 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.