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FMCC / Freddie Mac Prices $180 Million Multifamily When-Issued K-Deal®, WI-K133

MCLEAN, Va., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates (WI Certificates), which are initially backed by cash assets that will be used to purchase the A-M class of a to-be-issued reference K-Deal. Once the reference K-Deal class is issued and purchased by the WI trust, the WI Certificates will be indirectly backed by a pool of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $180 million in WI Certificates (Series WI-K133), which are expected to settle on or about October 13, 2021. Read More

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Posted: Oct 8 2021, 11:14

Author Name: GlobeNewsWire

FMCC News

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