Fannie Mae Announces Offering of New Issue 5-Year Benchmark Notes® Due October 26, 2015
Sep. 23, 2010 (PR Newswire) --
WASHINGTON, Sept. 23 /PRNewswire-FirstCall/ -- The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
5-Year
Pricing Date
September 24, 2010
Settlement Date
September 27, 2010
Maturity Date
October 26, 2015
Issue Size
TBD
Coupon
TBD
Payment Dates
Each October 26th and April 26th, beginning October 26, 2010
CUSIP
31398A4M1
Listing
Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., Citigroup Global Markets Inc., and Deutsche Bank Securities Inc. are the joint lead managers. The co-managers include Banc of America Securities, CastleOak Securities, L.P., FTN Financial Capital Markets, Goldman Sachs & Co., J.P. Morgan & Co., and UBS Securities LLC.
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
Katherine Constantinou, +1-202-752-5403 or Resource Center, 1-800-732-6643
Source: PR Newswire (September 23, 2010 - 9:52 AM EDT)
News by QuoteMedia
www.quotemedia.com
