MEDIA RELEASE PR38509
Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) Due April 4,
2012 and Auction (Reopening) of 5-Year Benchmark Notes(R) Due November 20, 2014
WASHINGTON, Feb. 26 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (NYSE: FNM):
2-Year 5-Year (Reopening)
Pricing/Auction February 26, 2010 February 25, 2010
Date (Expected)
Settlement Date March 2, 2010 March 1, 2010
Maturity Date April 4, 2012 November 20, 2014
Issue Size/
Reopen Size TBD $1 billion
Current
Outstanding N/A $5.5 billion
Coupon TBD 2.625%
Payment Dates Each April 4th and Each November 20th and
October 4th, beginning May 20th, beginning
April 4, 2010 May 20, 2010
CUSIP 31398AH54 31398AZV7
Listing Application will be Application will be
made to list the made to list the
securities on the securities on the
EuroMTF market of the EuroMTF market of the
Luxembourg Stock Luxembourg Stock
Exchange Exchange
Auction Time N/A 10:30 a.m. - 11:00 a.m. EST
For the new issue, Barclays Capital Inc., Citigroup Global Markets Inc., and
Morgan Stanley & Co. are the joint lead managers. The co-managers include Blaylock
Robert Van LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc.,
FTN Financial Capital Markets, Jefferies & Company, Inc. and UBS Securities LLC.
Fannie Mae is a shareholder-owned company with a public mission. We exist to
expand affordable housing and bring global capital to local communities in order to
serve the U.S. housing market. Fannie Mae has a federal charter and operates in
America's secondary mortgage market to enhance the liquidity of the mortgage market
by providing funds to mortgage bankers and other lenders so that they may lend to
home buyers. Our job is to help those who house America.
This press release does not constitute an offer to sell or the solicitation of an
offer to buy securities of Fannie Mae. Nothing in this press release constitutes
advice on the merits of buying or selling a particular investment. Any investment
decision as to any purchase of securities referred to herein must be made solely on
the basis of information contained in Fannie Mae's applicable Offering Circular, and
that no reliance may be placed on the completeness or accuracy of the information
contained in this press release.
You should not deal in securities unless you understand their nature and the
extent of your exposure to risk. You should be satisfied that they are suitable for
you in the light of your circumstances and financial position. If you are in any
doubt you should consult an appropriately qualified financial advisor.
Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark
is prohibited.
SOURCE: Fannie Mae
CONTACT: Derek Lowe of Fannie Mae,
+1-202-752-2110
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