Freddie Mac to Issue New $3 Billion Two-Year Reference Notes(R) Security

Freddie Mac to Issue New $3 Billion Two-Year Reference Notes(R) Security Freddie Mac Also Reopened $1 Billion 4.875% 10-Year Reference Notes Security McLEAN, Va., July 16 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE) announced today that it plans to issue a new $3 billion two-year USD Reference Notes(R) security, CUSIP number 3137EABQ1, due on July 16, 2010. The issue will be priced on Thursday, July 17, 2008, and will settle on Friday, July 18, 2008. The new two-year Reference Notes security will be offered via a syndicate of dealers headed by Barclays Capital, Inc., Goldman Sachs Group and J.P. Morgan Chase. An application will be made to list the issue on the Euro MTF market of the Luxembourg Stock Exchange. The Company also announced that it increased the size of its 4.875% 10-year USD Reference Notes security that... [read full story]