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Tue, January 17, 2012Mon, January 16, 2012Sat, January 14, 2012Fri, January 13, 2012Thu, January 12, 2012Wed, January 11, 2012Tue, January 10, 2012Mon, January 9, 2012Freddie Mac Prices New $7 Billion 10-year Reference Notes Security
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Published in Business and Finance on Thursday, January 12th 2012 at 7:46 GMT by Market Wireš This publication is a summary or evaluation of another publication
Freddie Mac Prices New $7 Billion 10-year Reference Notes Security -- MCLEAN, Va., Jan. 12, 2012 /PRNewswire/ --
Freddie Mac Prices New $7 Billion 10-year Reference Notes Security
MCLEAN, Va., Jan. 12, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) announced today that it priced its new 2.375% $7 billion 10-year USD Reference NotesĀ® security due on January 13, 2022. The issue, CUSIP number 3137EADB2, was priced at 99.418 to yield 2.441%, or 52 basis points more than 10-year U.S. Treasury Notes. The issue will settle on Friday, January 13, 2012.
The new 10-year Reference Notes security was offered via a syndicate of dealers headed by Barclays Capital, Citigroup Global Markets and UBS Securities. An application was made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission ("SEC") on February 24, 2011, and all documents that Freddie Mac files with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Annual Report on Form 10-K for the year ended December 31, 2010 and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at [ www.FreddieMac.com/investors ] and the SEC's Web site at [ www.sec.gov ].
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. [ www.FreddieMac.com ]
SOURCE Freddie Mac
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