Freddie Mac priced an approximately $1.1 billion offering of structured pass-through certificates.
The K-F39 certificates are guaranteed by Freddie Mac and backed by floating-rate multifamily mortgages and by classes issued by the FREMF 2017-KF39 Mortgage Trust. They are expected to settle on or about Dec. 18.
Credit Suisse Securities (USA) LLC and Wells Fargo Securities LLC serve as the offering's co-lead managers and joint book runners. Barclays Capital Inc., J.P. Morgan Securities LLC, KGS-Alpha Capital Markets LP and Stern Brothers & Co. serve as co-managers.
