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Freddie Mac Announces $1 Billion Reopening of Three-Year Reference Notes(R) Security |
| Published: August 8, 2007, 9:16 am |
| Tags: mortgage news, freddie mac, mortgage industry press release, mortgage news, reopening, notes, reference, freddiemac, security, outstanding, performed, auctions, r, fre |
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Freddie Mac Announces $1 Billion Reopening of Three-Year Reference Notes(R) Security MCLEAN, Va., Aug. 8 /PRNewswire-FirstCall/ — Freddie Mac (NYSE:FRE) announced today that it plans to launch a $1 billion reopening of its 5.125% three-year USD Reference Notes(R) security that matures on August 23, 2010. The issue will be priced on August 10, 2007, and will settle on August 13, 2007. The $1 billion reopening of its 5.125% three-year Reference Notes security will be conducted via an Internet-based auction. The issue, CUSIP 3137EAAX7, is listed on the Euro MTF market of the Luxembourg Stock Exchange. After the reopening, the outstanding size of the 5.125% three-year Reference Notes security will be $4 billion. Investors who want to participate in Reference Notes auctions must first designate the dealer through which they wish to submit bids. The step, if not previously performed, must be performed on the Internet no later than 5 p.m. Eastern Time on August 8, 2007 for this [ Full article ] |
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