Freddie Mac Prices $500 Million Reopening of 1.375% Seven-Year Reference Notes Security
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 06/26/17 -- Freddie Mac (OTCQB: FMCC) announced today that it auctioned a $500 million reopening of its 1.375% seven-year USD Reference Notes® security that matures on May 1, 2020. The stop yield for the issue, CUSIP 3137EADR7, was 1.528%, priced at 99.575. The bid-to-cover ratio was 2.91 to 1.
After the reopening, which was conducted via an Internet-based Dutch auction, the outstanding size is $3.5 billion. The issue will settle on Tuesday, June 27, 2017. All auction details can be found on Freddie Mac''s Debt Securities Web page, .
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, 2016, filed with the Securities and Exchange Commission (SEC) on February 16, 2017; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) since December 31, 2016, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, 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, 2016, 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 and the .
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we''ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at , Twitter and Freddie Mac''s blog .
Lisa Gagnon
703-903-3385
Sean Forde
571-382-4090
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Datum: 26.06.2017 - 09:40 Uhr
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News-ID 1510956
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