MCLEAN, Va., Sept. 3 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE)
announced today that it priced its new 3.125% $3 billion two-year USD
Reference Notes(R) security due on October 25, 2010. The issue, CUSIP number
3137EABU2, was priced at 99.782 to yield 3.229%, or 97.5 basis points more
than two-year U.S. Treasury Notes. The issue will settle on Thursday,
September 4, 2008.
The new two-year Reference Notes security was offered via a syndicate of
dealers headed by J.P. Morgan Chase, Lehman Brothers and UBS Investment Bank.
An application was made to list the issue on the Euro MTF market of the
Luxembourg Stock Exchange.
Including today's offering, Freddie Mac has issued $43 billion of
Reference Notes securities during 2008 and has approximately $264 billion in
Reference Notes and Reference Bonds(R) securities outstanding.
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 proxy
statement, its Registration Statement on Form 10 dated July 18, 2008 and all
documents that Freddie Mac files with the Securities and Exchange Commission
('SEC') pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act
of 1934.
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 Registration Statement on Form 10 dated July 18,
2008 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 is a stockholder-owned corporation established by Congress in
1970 to provide liquidity, stability and affordability to the nation's
residential mortgage markets. Freddie Mac raises capital on Wall Street and
throughout the world's capital markets to finance mortgages for families
across America. 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
