Business News • MarketWire • Freddie Mac Prices $667 Million Multifamily K-Deal |
Freddie Mac Prices $667 Million Multifamily K-Deal |
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Freddie Mac Prices $667 Million Multifamily K-Deal
MCLEAN, VA--(Marketwired - Mar 23, 2018) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), backed by fixed-rate multifamily mortgages with approximately seven-year terms. The company expects to issue approximately $667 million in K Certificates (K-BX1 Certificates), which are backed by 13 properties across the Western United States. The K-BX1 Certificates are expected to settle on or about March 29, 2018.
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