trending Market Intelligence /marketintelligence/en/news-insights/trending/4LD1HeyD-qsvh8iGhHh78g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Freddie Mac prices $587M structured pass-through certificates offering

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Freddie Mac prices $587M structured pass-through certificates offering

Freddie Mac priced its offering of about $587 million of structured pass-through certificates, which are expected to settle on or about March 28.

The certificates are backed by mortgages on workforce properties that are affordable to individuals earning 80% or less of their area's median income.

Barclays Capital Inc., Brean Capital LLC, Merrill Lynch Pierce Fenner & Smith Inc. and Stern Brothers & Co. are the co-managers of the offering. Credit Suisse Securities (USA) LLC and PNC Capital Markets LLC are also involved with the offering.