Fannie Mae Announces Offering Of New Issue 2-year Benchmark Notes(r) Due July 30, 2012

< BACK TO FINANCE starstarstarstarstar   Business - Finance Press Release
3rd June 2010, 06:30am - Views: 827






Business Finance Fannie Mae 2 image










MEDIA RELEASE PR39819


Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) due July 30,

2012


WASHINGTON, June 3 /PRNewswire-AsiaNet/ --


    The following is being issued by Fannie Mae (NYSE: FNM):



                          2-Year

    Pricing Date          June 3, 2010

    Settlement Date       June 7, 2010

    Maturity Date         July 30, 2012

    Issue Size            TBD

    Coupon                TBD

    Payment Dates         Each July 30th and January 30th, beginning 

                           July 30, 2010

    CUSIP                 31398AT77

    Listing               Application will be made to list the securities on 

                           the EuroMTF market of the Luxembourg Stock Exchange



    Banc of America Securities, Goldman Sachs & Co., and UBS Securities LLC

are the joint lead managers. The co-managers include, Citigroup Global

Markets Inc., FTN Financial Capital Markets, Loop Capital Markets, J.P.

Morgan & Co., Nomura Securities International Inc., and Samuel A. Ramirez &

Co., Inc.


    Fannie Mae exists 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

Business Finance Fannie Mae 3 image


    CONTACT: Katherine Constantinou, Fannie Mae, +1-202-752-5403








news articles logo NEWS ARTICLES
Contact News Articles |Remove this article