UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 2, 2005
Federal Agricultural Mortgage Corporation
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(Exact name of registrant as specified in its charter)
Federally chartered
instrumentality of
the United States 0-17440 52-1578738
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
1133 Twenty-First Street, N.W., Suite 600, Washington, D.C. 20036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (202) 872-7700
No change
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(Former name or former address, if changed since last report)
Item 2.03. Creation of a Direct Financial Obligation.
(a) On August 2, 2005, the Registrant became obligated on a direct
financial obligation by issuing $500,000,000 of 4.25% Fixed Rate Global Notes
Due July 29, 2008 (the "Notes"). The Notes are unsecured unsubordinated general
obligations of the Registrant and have the terms and conditions set forth in the
Master Terms Agreement and Supplemental Agreement attached as Exhibits 4.3 and
4.4, respectively, to the Form 8-A filed with the SEC on August 4, 2005.
Payments of interest on the Notes at a per annum rate of 4.25% will be made
semi-annually on each January 29 and July 29, beginning January 29, 2006 until
maturity on July 29, 2008. Payment of the full principal amount of the Notes
will be paid at maturity on July 29, 2008. The Notes are not redeemable or
callable before maturity on July 29, 2008 and are not convertible to any other
security of the Registrant. The Registrant's application to list the Notes on
the New York Stock Exchange has been approved, and the Notes are scheduled to
begin trading on that exchange on August 9, 2005. The Registrant also intends to
apply to list the Notes on the Professional Securities Market of the London
Stock Exchange. The Notes, issued under the Registrant's Universal Debt
Facility, are securities exempt from registration pursuant to section 3(a)(2) of
the Securities Act of 1933, as amended.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FEDERAL AGRICULTURAL MORTGAGE CORPORATION
By: /s/ Jerome G. Oslick
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Name: Jerome G. Oslick
Title: Vice President - General Counsel
Dated: August 8, 2005