Freddie Mac Prices $1.33 Billion Multifamily K-Deal

MCLEAN, VA--(Marketwired - Oct 6, 2017) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), backed by fixed-rate multifamily mortgages with approximately 10 year terms. The company expects to issue approximately $1.33 billion in K Certificates (K-IR3 Certificates), which are backed by eleven properties located in Irvine, San Diego, San Jose and Santa Clara, California. The K-IR3 Certificates are expected to settle on or about October 24, 2017.

K-IR3 Pricing

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$139.400		7.40		S+55		3.0380%		2.7244%		$101.9935
A-2		$1,195.382		9.84		S+63		3.2810%		2.9227%		$102.9947
X		$ 741.546		9.38		T + 150		0.1994%		3.8273%		$0.9575

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