Submitted by Ronald Tennant with Metrocities Mortgage:
Arkansas Democrat-Gazette (05/20/08)
Freddie Mac plans to sell $8 billion of debt by May 21. The sale will include $4 billion of two-year reference notes due June 28, 2010, and an equal amount of five-year reference notes maturing June 28, 2013. Credit Suisse, Deutsche Bank and Merrill Lynch will manage the sale of two-year debt; and Bank of America, JPMorgan Chase and Royal Bank of Scotland will handle the five-year sale. Freddie Mac also raised $1 billion in a reopening of three-year, 3.25 percent reference notes maturing Feb. 25, 2011, bringing the total size of the Credit Suisse private placement to $4 billion.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment