Fannie Mae Announces New Issue 3-Year Benchmark Notes(R)
20.06.2005 / 08:50 / Rubriek: Informatief / Organisatie: Fannie mae
Fannie Mae Announces New Issue 3-Year Benchmark Notes(R)
WASHINGTON, June 20/PRNewswire/ -- The following is being issued by Fannie Mae (NYSE: FNM):
All Figures in US$
3-Year
Pricing Date June 22, 2005
Settlement Date June 24, 2005
Maturity Date July 15, 2008
Issue Size $3.0 billion
Coupon TBD
Payment Dates Each July 15th and January 15th,
beginning July 15, 2005
CUSIP 31359ME41
Listing Luxembourg Stock Exchange
Deutsche Bank Securities Inc., Goldman, Sachs & Co., and UBS Investment Bank are the joint lead managers. The co-managers include Bear, Stearns & Co. Inc., Credit Suisse First Boston Corporation, FTN Financial Capital Markets, HSBC Securities Inc., J.P. Morgan Securities Inc., and Lehman Brothers Inc. There is a designated selling group comprised of nine additional dealers.
Fannie Mae is a New York Stock Exchange Company. It operates pursuant to a federal charter. Fannie Mae has pledged through its American Dream Commitment to expand access to homeownership for millions of first-time home buyers; help raise the minority homeownership rate to 55 percent; make homeownership and rental housing a success for millions of families at risk of losing their homes; and expand the supply of affordable housing where it is needed most. More information about Fannie Mae can be found on the Internet at www.fanniemae.com.
Fannie Mae voluntarily registered its common stock with the Securities and Exchange Commission (SEC) under Section 12(g) of the Securities Exchange Act of 1934, on March 31, 2003.
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 Offering Circular dated January 19, 2004, 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.
Web site: www.fanniemae.com
Source: Fannie Mae
Jason Lobo of Fannie Mae, +1-202-752-1692 / Company News On-Call: www.prnewswire.com/comp/305450.html