Freddie Mac begins uncapped tender offer for 15 STACR notes

Chicago, May 8 – Freddie Mac started a tender offer for any and all of certain Structured Agency Credit Risk notes, according to a press release.

The agency is offering to buy notes from the following series with the related offering prices:

• $158,804,413 principal amount of STACR 2015-DNA3 M-3 notes (Cusip: 3137G0GW3) for $1,055.47 per note;

• $36 million principal amount of STACR 2016-DNA1 B notes (Cusip: 3137G0HZ5) for $1,095 per note;

• $36 million principal amount of STACR 2016-DNA2 B notes (Cusip: 3137G0JZ3) for $1,107.50 per note;

• $35 million principal amount of STACR 2016-DNA3 B notes (Cusip: 3137G0KV0) for $1,130 per note;

• $31 million principal amount of STACR 2016-DNA4 B notes (Cusip: 3137G0LK3) for $1,062.50 per note;

• $25 million principal amount of STACR 2016-HQA1 B notes (Cusip: 3137G0JM2) for $1,167.50 per note;

• $24 million principal amount of STACR 2016-HQA2 B notes (Cusip: 3137G0KK4) for $1,140 per note;

• $200 million principal amount of STACR 2017-DNA3 B-1 notes (Cusip: 3137G0RJ0) for $1,087.55 per note;

• $75 million principal amount of STACR 2017-HQA3 B-1 notes (Cusip: 3137G0SE0) for $1,085.78 per note;

• $50 million principal amount of STACR 2017-HRP1 B-1 notes (Cusip: 3137G0TF6) for $1,106.30 per note;

• $59,945,000 principal amount of STACR 2017-HRP1 M-2 notes (Cusip: 3137G0SN0) for $1,015.47 per note;

• $130 million principal amount of STACR 2018-DNA1 B-1 notes (Cusip: 3137G0UB3) for $1,038.75 per note;

• $175 million principal amount of STACR 2018-DNA2 B-1 notes (Cusip: 35563TAV3) for $1,076.72 per note;

• $140 million principal amount of STACR 2018-HQA1 B-1 notes (Cusip: 3137G0UX5) for $1,090.63 per note; and

• $128 million principal amount of STACR 2018-HQA2 B-1 notes (Cusip: 35563XBD3) for $1,093.75 per note.

Each consideration is based on $1,000 principal amount per note.

Interest will also be paid to the settlement date, expected for May 16.

The offer expires at 5 p.m. ET on May 12.

There are guaranteed delivery procedures with settlement for that method expected on May 17 (but interest will only be paid through May 16).

BofA Securities, Inc. (980 387-3907, 888 292-0070) and Citigroup Global Markets Inc. (212 733-6106, 800 558-3745) are the lead dealer managers.

Academy Securities, Inc. is the co-dealer manager.

Global Bondholder Services Corp. (212 430-3774, 855 654-2015, https://www.gbsc-usa.com/FreddieMac) is the information agent.

The government-sponsored enterprise is based in McLean, Va.

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