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Freddie Mac, Variable Rate Perpetual Non-cumul Preferred Stock, 2006
Ticker Symbol: FMCCS     CUSIP: 313400715     Exchange: OTCBB
Security Type:   Traditional Preferred Stock

Security's Distribution is Suspended!

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Freddie Mac (Federal Home Loan Mortgage Corp.), Variable Rate, Non-Cumulative Perpetual Preferred Stock, liquidation preference $50 per share, redeemable at the issuer's option on or after 6/30/2011 at $50 per share plus declared and unpaid dividends, and with no stated maturity. Variable rate noncumulative distributions will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record as set by the Board which will be 10 to 45 days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The initial dividend rate is 6.00% through 9/30/06 with a floor rate of 4.00% per annum. The variable rate will be reset quarterly based on the 3-month LIBOR plus 0.50%. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see the prospectus for further information). The security was rated AA- by S&P and Aa3 by Moody's at the IPO. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
OTCBBn
OTCBBps
Variable
n.a.
$50.00
$50.00
6/30/2011
None
Ca D
12/16/2022
Suspended!
3/31, 6/30, 9/30 & 12/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (FMCC)

IPO - 7/12/2006 - 15.00 Million Shares @ $50.00 /share.    Link to IPO Prospectus
Previous Ticker Symbol: FRE-S    Changed: 7/07/2010
Market Value $750.0 Million

Click for current FMCCS price quote from the PINK SHEETS
Click for current FMCCS price quote from the NASDAQ

Company's Online Information Links
HOME PAGE:     http://www.freddiemac.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address shareholder@freddiemac.com
General Email Address corprel@freddiemac.com

Address and Phone Numbers
Address:   8200 Jones Branch Drive, MS 486, McLean, VA 22102
Main Phone Number 703-903-2000
Fax Number 703-903-2759
Investor Relations   Laurie Garthune 571-382-4732
Toll Free Phone Number 800-373-3343
CEO - Michael DeVito CFO - Christian M. Lown

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