Freddie Mac Prices $220 Million Multifamily K-Deal, K-J09

MCLEAN, VA--(Marketwired - Nov 17, 2016) -  Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) that are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $220 million in K Certificates (K-J09 Certificates), which are expected to settle on or about November 30, 2016.

K-J09 Pricing

Details

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$84.300		3.70		S + 43		2.0160%		1.9868%		$99.9981
A-2		$135.806		5.68		S + 63		2.8380%		2.4377%		$101.9980
X		$275.133		4.43		Non-Offered

• Lead Manager and Sole Bookrunner: Merrill Lynch, Pierce, Fenner & Smith Incorporated
• Co-Managers: CastleOak Securities, L.P., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC

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