Freddie Mac has announced that it will conduct cash tender offers during the week of April 24 for the repurchase of a targeted group of European-style callable debt securities with expired options.Freddie Mac said it will offer to repurchase all outstanding amounts of the selected securities from investors through Morgan Stanley, the designated lead manager for the offers, or J.P. Morgan Chase and UBS Investment Bank, the designated co-dealer managers. Each eligible security will be repurchased at a fixed spread to an outstanding Freddie Mac Reference Notes security.
Freddie Makes Euro Tender Offer
April 21, 2006, 2:00 p.m. EDT 1 Min Read
