Business NewsMarketWire • CFC, Farmer Mac Announce $1.5 Billion Revolving Credit Facility for CFC

CFC, Farmer Mac Announce $1.5 Billion Revolving Credit Facility for CFC

CFC, Farmer Mac Announce $1.5 Billion Revolving Credit Facility for CFC

HERNDON, VA--(Marketwire - January 18, 2011) - The National Rural Utilities Cooperative Finance Corporation (CFC) (NYSE: NRU) (NYSE: NRC) and the Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE: AGM) (NYSE: AGM.A) announced that they have entered into a five-year, revolving credit facility under which CFC may borrow, repay and reborrow up to $1.5 billion through January 2016. This draw period is extended annually for an additional year unless notice of non-renewal is given by Farmer Mac.

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