Specialty Lender - In the Boardroom
Federal Farm Credit Banks to redeem $215M of bonds November 06, 2009 8:00 PM ET By Jasir Jawaid
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Farm Credit System's Federal Farm Credit Banks Funding Corp. said Nov. 6 that it will redeem $215 million of Federal Farm Credit Banks' consolidated systemwide bonds in whole at par. The company will redeem the following bonds Nov. 19: * A $190 million tranche of bonds due Aug. 19, 2011, bearing a coupon rate of 1.50%. * A $25 million tranche of bonds due Nov. 19, 2014, bearing a coupon rate of 5.15%. |