debt
confidence high
sentiment neutral
materiality 0.45
Freddie Mac commences cash tender offer for up to $1.7B in STACR notes
FEDERAL HOME LOAN MORTGAGE CORP
- Tender offer covers any and all of seven STACR note classes from trusts issued 2020-2023.
- Total original principal amount across all classes is approximately $1.733 billion.
- Expires May 8, 2026; settlement expected May 12, 2026.
- Tender Offer Consideration ranges from $1,016.94 to $1,128.13 per $1,000 original principal.
- Lead dealer managers: BofA Securities and Citigroup; CastleOak Securities as co-dealer manager.