Fannie Mae has priced a $4 billion issue of three-year Benchmark Notes (CUSIP 31359MWB5) at 99.980 to yield 3.007% at a spread of 26 basis points over the 2.750% Treasury due Aug. 15, 2007.A Bear Stearns & Co. Inc., Goldman Sachs & Co and UBS Investment Bank joint lead managed the transaction. Co-managers included Citigroup Global Markets Inc., Credit Suisse First Boston, Deutsche Bank Securities Inc., FTN Financial Capital Markets, HSBC Securities Inc., J.P. Morgan Securities Inc., Lehman Brothers Inc., Merrill Lynch & Co. Inc., Morgan Stanley & Co. and Williams Capital Group. There also was an additional selling group comprised of 12 additional dealers. Fannie Mae can be found on the Web at http://www.fanniemae.com.
Fannie Prices $4 Bill Issuance
August 18, 2004, 2:00 p.m. EDT 1 Min Read
