trending Market Intelligence /marketintelligence/en/news-insights/trending/Qw8K2jQZz_oT_vJCbZzrqg2 content esgSubNav
In This List

Freddie Mac prices $768M offering of structured pass-through certificates

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Freddie Mac prices $768M offering of structured pass-through certificates

Freddie Mac priced an offering of approximately $768 million of structured pass-through certificates backed by floating-rate multifamily mortgages with 10-year terms.

The K-F66 certificates are expected to settle on or about Aug. 30.

The certificates are backed by corresponding classes issued by the FREMF 2019-KF66 Mortgage Trust and guaranteed by Freddie Mac. The trust will also issue certificates consisting of the class B, C and R certificates, which will be subordinate to the classes backing the K-F66 certificates and will not be guaranteed by Freddie Mac.

Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are co-lead managers and joint book runners for the offering, while BofA Securities Inc., J.P. Morgan Securities LLC, Nomura Securities International Inc. and The Williams Capital Group LP are co-managers.