/CORRECTION - Freddie Mac Announces $1 Billion Reopening of .875% Three-Year Reference Notes(R) Security
December 19, 2013 - Mclean, VA
In the news release, "Freddie Mac Announces $1 Billion Reopening of .875% Three-Year Reference Notes® Security," issued earlier today by Freddie Mac (OTCQB: FMCC), we are advised by the company that the 3rd sentence of the 2nd paragraph should read "$4.5 billion" rather than "$2.5 billion" as originally issued. Complete corrected text follows.
Freddie Mac Announces $1 Billion Reopening of .875% Three-Year Reference Notes® Security
MCLEAN, VA -- Dec 19, 2013 -- Freddie Mac (OTCQB: FMCC) announced today that it plans to launch a $1 billion reopening of its .875% three-year USD Reference Notes® security that matures on October 14, 2016. The issue will price today, Thursday, December 19, 2013, and will settle on Monday, December 23, 2013.
The $1 billion reopening of the .875% three-year Reference Notes security will be conducted via an Internet-based auction. The issue, CUSIP 3137EADS5, is listed on the Euro MTF market of the Luxembourg Stock Exchange. After the reopening, the outstanding size of the .875% three-year Reference Notes security will be $4.5 billion. All auction details can be found on Freddie Mac's Debt Securities Web page, www.FreddieMac.com/debt/auctionrepurch/auctions.html.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission ("SEC") on February 28, 2013; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 ('Exchange Act") since December 31, 2012, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Annual Report on Form 10-K for the year ended December 31, 2012, and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at www.FreddieMac.com/investors and the SEC's Web site at www.sec.gov.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com and Twitter @FreddieMac.