debt
confidence high
sentiment neutral
materiality 0.50
Freddie Mac launches cash tender offer for up to 28 classes of STACR notes
FEDERAL HOME LOAN MORTGAGE CORP
- Tender offer covers 28 classes of STACR notes across multiple vintages (2016-2022).
- Consideration per $1,000 principal ranges from $1,001.88 to $1,195, plus accrued interest.
- Offer expires 5 p.m. NY time on May 6, 2025; settlement expected May 8 (guaranteed delivery May 12).
- BofA Securities, Wells Fargo Securities, and CastleOak Securities are dealer managers.
- Freddie Mac, as sole beneficial owner of the issuing trusts, is buying back its own credit-risk notes.