debt
confidence high
sentiment neutral
materiality 0.55
Fannie Mae launches tender offer for any and all of seven CAS note series totaling ~$896M
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- Offers to purchase any and all of seven CAS note series with original principal balances aggregating ~$896 million.
- Tender consideration ranges from $1,067.50 to $1,134.07 per $1,000 original principal amount.
- Offers expire at 5:00 PM New York City time on Monday, October 16, 2023, unless extended or earlier terminated.
- BofA Securities and Wells Fargo Securities serving as dealer managers; Loop Capital and Mischler Financial as advisors.
- Tendered notes may be withdrawn at any time at or before the expiration time.