Freddie Mac on Tuesday priced its offering of 15 million shares of common stock at $58.625.

Gross proceeds from the sale, expected on Friday, would be about $879 million, of which Freddie would net about $855 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.