Freddie Mac (FRE) announced its plans to launch a $1 billion reopening of its 1.125% two-year USD Reference Notes security, that matures on December 15, 2011. The company stated that the issue will price today, Wednesday, November 4, 2009, and will settle Thursday, November 5, 2009.
Also, Freddie added that the $1 billion reopening of the 1.125% 2-year reference notes security will be conducted through an Internet-based auction. After the reopening, the outstanding size of the 1.125% 2-year reference notes security will be $4.5 billion, the company stated. The issue, CUSIP 3137EACF4, is listed on the Euro MTF market of the Luxembourg Stock Exchange.
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