Freddie Mac Prices First K-Deal with Bonds Indexed to SOFR - Seite 2

• Co-Lead Managers and Joint Bookrunners: Morgan Stanley & Co. LLC and Goldman Sachss and Co. LLC
• Co-Managers: Amherst Pierpont Securities LLC, BofA Securities, Inc., CastleOak Securities, L.P. and Wells Fargo Securities, LLC

Related Links

• The K-F73 preliminary offering circular supplement: http://www.freddiemac.com/mbs/data/kF73oc.pdf
• Freddie Mac Multifamily Securitization Overview
• Multifamily Securities Investor Access database of post-securitization data from Investor Reporting Packages

The K-F73 Certificates will not be rated, and will include two senior principal and interest classes, one interest-only class, and one class entitled to static prepayment premiums. The K-F73 Certificates are backed by corresponding classes issued by the FREMF 2019-KF73 Mortgage Trust (KF73 Trust) and guaranteed by Freddie Mac. The KF73 Trust will also issue certificates consisting of the Class B, C and R Certificates, which will be subordinate to the classes backing the K-F73 Certificates and will not be guaranteed by Freddie Mac.

Freddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities. K-Deals are part of the company’s business strategy to transfer a portion of the risk of losses away from taxpayers and to private investors who purchase the unguaranteed subordinate bonds. K Certificates typically feature a wide range of investor options with stable cash flows and structured credit enhancement.

This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac’s Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission (SEC) on February 14, 2019; all other reports Freddie Mac filed with the SEC pursuant to Section 13(a) of the Securities Exchange Act of 1934 (Exchange Act) since December 31, 2018, excluding any information "furnished" to the SEC on Form 8-K; and all documents that Freddie Mac files with the SEC pursuant to Sections 13(a), 13(c) or 14 of the Exchange Act, excluding any information “furnished” to the SEC on Form 8-K.