Business NewsMarketWire • Freddie Mac Prices $345.6 Million Multifamily K-Deal

Freddie Mac Prices $345.6 Million Multifamily K-Deal

Freddie Mac Prices $345.6 Million Multifamily K-Deal

MCLEAN, VA--(Marketwired - May 23, 2017) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), backed by fixed-rate multifamily mortgages with 10 year terms. The company expects to issue approximately $345.6 million in K Certificates (K-IR2 Certificates), which are backed by four properties located in Irvine, California. The K-IR2 Certificates are expected to settle on or about May 31, 2017.

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