Freddie Mac has announced the pricing of $500 million of fixed-rate noncumulative perpetual preferred stock at $25 per share, with a dividend rate of 5.66%.Freddie Mac will have the option to redeem all or part of the 20 million shares of preferred stock (CUSIP: 313400665) on or after March 31, 2012, at $25 per share plus accrued dividends, the government-sponsored enterprise said. The stock is being offered via a syndicate of dealers headed by Banc of America Securities LLC and Morgan Stanley. Freddie Mac can be found online at http://www.freddiemac.com.
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