Freddie announces 10 year sub debt as steepening curve leaves sector cheap
Freddie Mac will this week launch its debut subordinated debt issue, a $2bn 10 year bullet, through lead managers Goldman Sachs and Merrill Lynch. Freddie Mac's subordinated debt programme is rated Aa2 by Moody's and has a preliminary rating of AA- from Standard&Poor's.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: