other material
confidence high
sentiment neutral
materiality 0.65
Freddie Mac commences tender offer for any and all of 16 STACR notes with ~$1.6B aggregate principal
FEDERAL HOME LOAN MORTGAGE CORP
- Tender offer covers classes from 2017–2019 with original principal totaling approx $1.6 billion.
- Offer price per $1,000 principal ranges from $1,017.50 to $1,118.44 depending on the note.
- Offer period runs Sept 6, 2023 to 5 p.m. ET Sept 12, 2023; settlement expected Sept 14, 2023.
- BofA Securities and Wells Fargo Securities serve as lead dealer managers for the offer.
- Holders may withdraw tenders at any time before expiration; accrued interest paid to settlement date.