Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
Freddie Mac Announces Results of Tender Offer for Certain STACR Notes
The Settlement Date for the Notes tendered and accepted for purchase in the Offer is expected to occur on Wednesday, October 16, 2024. Any Notes tendered using the Notice of Guaranteed Delivery and accepted for purchase are expected to be purchased on Friday, October 18, 2024, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.MCLEAN, Va., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the "Company") today announced the tender results of its previously announced offer to purchase (the "Offer") any and all of the STACR (Structured Agency Credit Risk) Notes listed in the table below (the "Notes"). Certain of the classes of Notes subject to the Offer were issued by the STACR trusts identified in the table below (each, a "Trust"). Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.
美國弗吉尼亞州麥克林，2024年10月15日（環球新聞社） - 房地美（OTCQB：FMCC）（「公司」）今天宣佈了其先前宣佈的購買要約（「要約」）中標結果，將購買下表中列出的所有STACR（結構化機構信用風險）票據（「票據」）。 要約適用的某些票據分類系由下表所示的STACR信託發行的（每個稱爲「信託」）。 房地美持有每個信託發行的所有者證書，因此是每個信託的唯一受益人。
The Company has conducted the Offer in accordance with the conditions set forth in the Offer to Purchase dated October 7, 2024 (the "Offer to Purchase") and related Notice of Guaranteed Delivery dated October 7, 2024 (collectively, the "Offer Documents"). Capitalized terms used but not defined in this Press Release have the meanings ascribed to such terms in the Offer Documents.
公司已根據2024年10月7日日期的《購買要約》（「購買要約」）及相關的2024年10月7日日期的《擔保交付通知》（總稱「要約文件」）的規定進行了要約。 本新聞稿中使用但未定義的大寫詞語的含義應與要約文件中所賦予的含義相一致。
As of 5:00 p.m., New York City time, on Friday, October 11, 2024 (the "Expiration Time"), approximately $967 million aggregate original principal amount of the Notes had been validly tendered and not properly withdrawn as set forth in the table below:
截至2024年10月11日週五美國紐約市時間下午5:00（到期時間），約96700萬美元的票據原始本金已根據下表要求進行了有效投標，並未被提前撤回：
| Title of Security | STACR Trust (if applicable) |
CUSIP Number (U.S. / Regulation S) |
ISIN Number (U.S. / Regulation S) |
Original Principal Amount | Percentage of Original Principal Amount Tendered and Accepted1 | Original Principal Amount Tendered and Accepted2 | ||
| STACR 2016-HQA1 B | N/A | 3137G0JM2 / N/A | US3137G0JM20 / N/A | $25,000,000 | 100.00% | $25,000,000 | ||
| STACR 2016-DNA2 M-3 | N/A | 3137G0JU4 / N/A | US3137G0JU46 / N/A | $115,459,000 | 93.52% | $107,982,000 | ||
| STACR 2016-DNA2 B | N/A | 3137G0JZ3 / N/A | US3137G0JZ33 / N/A | $36,000,000 | 100.00% | $36,000,000 | ||
| STACR 2016-HQA2 M-3 | N/A | 3137G0KE8 / N/A | US3137G0KE84 / N/A | $74,210,200 | 98.72% | $73,260,200 | ||
| STACR 2016-HQA2 B | N/A | 3137G0KK4 / N/A | US3137G0KK45 / N/A | $24,000,000 | 100.00% | $24,000,000 | ||
| STACR 2016-DNA3 M-3 | N/A | 3137G0KQ1 / N/A | US3137G0KQ15 / N/A | $118,282,584 | 83.32% | $98,556,584 | ||
| STACR 2016-DNA3 B | N/A | 3137G0KV0 / N/A | US3137G0KV00 / N/A | $35,000,000 | 100.00% | $35,000,000 | ||
| STACR 2016-HQA3 M-3 | N/A | 3137G0LA5 / N/A | US3137G0LA53 / N/A | $24,464,297 | 85.63% | $20,949,000 | ||
| STACR 2016-HQA3 B | N/A | 3137G0LF4 / N/A | US3137G0LF41 / N/A | $20,000,000 | 100.00% | $20,000,000 | ||
| STACR 2016-HQA4 M-3 | N/A | 3137G0LU1 / N/A | US3137G0LU18 / N/A | $30,396,000 | 95.37% | $28,987,211 | ||
| STACR 2016-HQA4 B | N/A | 3137G0LV9 / N/A | US3137G0LV90 / N/A | $18,000,000 | 100.00% | $18,000,000 | ||
| STACR 2017-DNA1 M-2 | N/A | 3137G0MD8 / N/A | US3137G0MD83 / N/A | $37,127,115 | 92.30% | $34,267,115 | ||
| STACR 2017-DNA1 B-1 | N/A | 3137G0MX4 / N/A | US3137G0MX48 / N/A | $639,000 | 100.00% | $639,000 | ||
| STACR 2017-DNA1 B-2 | N/A | 3137G0MY2 / N/A | US3137G0MY21 / N/A | $17,000,000 | 32.62% | $5,545,000 | ||
| STACR 2017-HQA1 B-1 | N/A | 3137G0NC9 / N/A | US3137G0NC91 / N/A | $2,840,000 | 100.00% | $2,840,000 | ||
| STACR 2017-HQA1 B-2 | N/A | 3137G0ND7 / N/A | US3137G0ND74 / N/A | $15,000,000 | 3.33% | $500,000 | ||
| STACR 2017-DNA2 M-2 | N/A | 3137G0NX3 / N/A | US3137G0NX39 / N/A | $1,000,0003 | 0.00% | - | ||
| STACR 2017-DNA2 B-2 | N/A | 3137G0PS2 / N/A | US3137G0PS26 / N/A | $30,000,000 | 0.83% | $250,000 | ||
| STACR 2017-HQA2 M-2 | N/A | 3137G0PU7 / N/A | US3137G0PU71 / N/A | $550,0003 | 0.00% | - | ||
| STACR 2017-HQA3 M-2 | N/A | 3137G0RL5 / N/A | US3137G0RL54 / N/A | $19,754,2563 | 89.41% | $17,663,180 | ||
| STACR 2017-HQA3 B-1 | N/A | 3137G0SE0 / N/A | US3137G0SE03 / N/A | $11,535,174 | 52.01% | $6,000,000 | ||
| STACR 2017-HRP1 M-2 | N/A | 3137G0SN0 / N/A | US3137G0SN02 / N/A | $13,055,000 | 0.00% | - | ||
| STACR 2017-HRP1 B-1 | N/A | 3137G0TF6 / N/A | US3137G0TF68 / N/A | $2,000,0003 | 100.00% | $2,000,000 | ||
| STACR 2018-DNA1 M-2 | N/A | 3137G0TH2 / N/A | US3137G0TH25 / N/A | $11,690,0003 | 100.00% | $11,690,000 | ||
| STACR 2019-DNA2 B-1 | Freddie Mac STACR Trust 2019-DNA2 | 35564LBD8 / N/A | US35564LBD82 / N/A | $310,000 | 100.00% | $310,000 | ||
| STACR 2020-DNA5 B-1 | Freddie Mac STACR REMIC Trust 2020-DNA5 | 35566ABD0 / U3197PBD9 | US35566ABD00 / USU3197PBD97 | $231,000,000 | 100.00% | $231,000,000 | ||
| STACR 2021-HQA2 M-2 | Freddie Mac STACR REMIC Trust 2021-HQA2 | 35564KFV6 / U3201WFV4 | US35564KFV61 / USU3201WFV47 | $250,000,000 | 66.63% | $166,572,000 | ||
| Total | $967,011,290 | |||||||
| 證券名稱 | STACR信託（如適用） | CUSIP編號 房利美STACR REMIC Trust 2021-HQA3 |
ISIN號碼 房利美STACR REMIC Trust 2021-HQA3 |
原始本金金額。 | 原始本金金額接受和接受的百分比1 | 原始本金金額接受和接受的百分比2 | ||
| STACR 2016-HQA1 B | 無數據 | 3137G0JM2 / N/A | US3137G0JM20 / N/A | $25,000,000 | 100.00% | $25,000,000 | ||
| STACR 2016-DNA200萬.3 | 無數據 | 3137G0JU4 / 無 | US3137G0JU46 / 無 | $115,459,000 | 93.52% | $107,982,000 | ||
| stonex 2016-DNA2 B | 無數據 | 3137G0JZ3 / 無 | US3137G0JZ33 / 無 | $36,000,000 | 100.00% | $36,000,000 | ||
| STACR 2016-HQA200萬.3 | 無數據 | 3137G0KE8 / 無 | US3137G0KE84 / 無 | $74,210,200 | 98.72% | $73,260,200 | ||
| STACR 2016-HQA2 B | 無數據 | 3137G0KK4 / N/A | US3137G0KK45 / N/A | 2400萬美元 | 100.00% | 2400萬美元 | ||
| STACR 2016-DNA300萬.3 | 無數據 | 3137G0KQ1 / N/A | US3137G0KQ15 / N/A | $118,282,584 | 83.32% | $98,556,584 | ||
| STACR 2016-DNA3 B | 無數據 | 3137G0KV0 / N/A | US3137G0KV00 / N/A | 3,500萬美元 | 100.00% | 3,500萬美元 | ||
| STACR 2016-HQA300萬.3 | 無數據 | 3137G0LA5 / 不適用 | US3137G0LA53 / 不適用 | $24,464,297 | 85.63% | $20,949,000 | ||
| STACR 2016-HQA3 B | 無數據 | 3137G0LF4 / N/A | US3137G0LF41 / N/A | $20,000,000 | 100.00% | $20,000,000 | ||
| STACR 2016-HQA400萬.3 | 無數據 | 3137G0LU1 / 不適用 | US3137G0LU18 / 不適用 | $30,396,000 | 95.37% | $28,987,211 | ||
| STACR 2016-HQA4 B | 無數據 | 3137G0LV9 / 不適用 | US3137G0LV90 / 不適用 | $18,000,000。 | 100.00% | $18,000,000。 | ||
| STACR 2017-DNA100萬.2 | 無數據 | 3137G0MD8 / 無 | 美國3137G0MD83 / 無 | $37,127,115 | 92.30% | $34,267,115 | ||
| STACR 2017-DNA10億.1 | 無數據 | 3137G0MX4 / N/A | US3137G0MX48 / N/A | $639,000 | 100.00% | $639,000 | ||
| STACR 2017-DNA10億.2 | 無數據 | 3137G0MY2 / 無 | US3137G0MY21 / 無 | $17,000,000 | 32.62% | $5,545,000 | ||
| stonex 2017-HQA10億.1 | 無數據 | 3137G0NC9 / 無 | US3137G0NC91 / 無 | $2,840,000 | 100.00% | $2,840,000 | ||
| STACR 2017-HQA10億.2 | 無數據 | 3137G0ND7 / N/A | 美國3137G0ND74 / N/A | $15,000,000 | 3.33% | 500,000美元 | ||
| STACR 2017-DNA200百萬.2 | 無數據 | 3137G0NX3 / 不適用 | US3137G0NX39 / 不適用 | $1,000,0003 | 0.00% | - | ||
| STACR 2017-DNA20億.2 | 無數據 | 3137G0PS2 / 不適用 | US3137G0PS26 / 不適用 | $30,000,000 | 0.83% | $250,000 | ||
| STACR 2017-HQA200萬.2 | 無數據 | 3137G0PU7 / 不適用 | US3137G0PU71 / 不適用 | $550,0003 | 0.00% | - | ||
| STACR 2017-HQA300萬.2 | 無數據 | 3137G0RL5 / N/A | US3137G0RL54 / N/A | $19,754,2563 | 89.41% | $17,663,180 | ||
| STACR 2017-HQA30億.1 | 無數據 | 3137G0SE0 / N/A | US3137G0SE03 / N/A | $11,535,174 | 52.01% | $6,000,000 | ||
| STACR 2017-HRP100萬.2 | 無數據 | 3137G0SN0 / 不適用 | US3137G0SN02 / 不適用 | $13,055,000 | 0.00% | - | ||
| stonex 2017-HRP10億.1 | 無數據 | 3137G0TF6 / 不適用 | US3137G0TF68 / 不適用 | $2,000,0003 | 100.00% | 200萬美元 | ||
| STACR 2018-DNA100萬.2 | 無數據 | 3137G0TH2 / N/A | US3137G0TH25 / N/A | $11,690,0003 | 100.00% | $11,690,000 | ||
| STACR 2019-DNA20億.1 | Freddie Mac STACR Trust 2019-DNA2 | 35564LBD8 / N/A | US35564LBD82 / N/A | 310,000美元 | 100.00% | 310,000美元 | ||
| STACR 2020-DNA50億.1 | Freddie Mac STACR REMIC Trust 2020-DNA5 | 35566ABD0 / U3197PBD9 | US35566ABD00 / USU3197PBD97 | $231,000,000 | 100.00% | $231,000,000 | ||
| STACR 2021-HQA200萬.2 | Freddie Mac STACR REMIC Trust 2021-HQA2 | 35564KFV6 / U3201WFV4 | US35564KFV61 / USU3201WFV47 | $2.5億 | 66.63% | $166,572,000 | ||
| 總費用 | $967,011,290 | |||||||
- Rounded to the nearest hundredth of a percent.
- For STACR 2017-HQA3 M-2 and STACR 2020-DNA5 B-1, the original principal amount tendered and accepted includes $1,500,000 and $17,268,000, respectively, expected to be tendered by guaranteed delivery prior to the Guaranteed Delivery Deadline. The Guaranteed Delivery Deadline is 5:00 p.m., New York City time, on Wednesday, October 16, 2024.
- The Original Principal Amount set forth for such Notes in this table does not include the additional portion of such Notes identified in the Offer to Purchase as an Associated Eligible Series of Notes, which, upon the completion of the indicated exchange of the related ineligible securities for such Associated Eligible Series of Notes, would also become eligible to participate in the Offer.
- 四捨五入到最接近百分之一的百分點。
- 對於STACR 2017-HQA300萬.2和STACR 2020-DNA50億.1，原始本金金額包括分別爲$1,500,000和$17,268,000，預計將在擔保交付截止日期之前通過擔保交付方式進行交付。擔保交付截止日期爲2024年10月16日週三下午5:00紐約時間。
- 在本表格中列出的此類票據的原始本金金額並不包括要約購買中作爲相關資格系列票據的附加部分，這些附加部分將在相關不合格證券換成此類相關資格系列票據後，也將有資格參與要約。
The Settlement Date for the Notes tendered and accepted for purchase in the Offer is expected to occur on Wednesday, October 16, 2024. Any Notes tendered using the Notice of Guaranteed Delivery and accepted for purchase are expected to be purchased on Friday, October 18, 2024, but payment of accrued interest on such Notes will only be made to, but not including, the Settlement Date.
擬購買的票據的結算日期預計爲2024年10月16日星期三。通過擔保交付通知招標並被接受購買的任何票據預計將於2024年10月18日星期五購買，但只有到結算日前才會支付這些票據的應計利息。
Wells Fargo Securities, LLC and StoneX Financial Inc. are lead dealer managers, and CastleOak Securities, L.P. is co-dealer manager, for the Offer. For additional information regarding the terms of the Offer, please contact Wells Fargo Securities, LLC at (704) 410-4820 (collect) or (866) 309-6316 (toll-free); or StoneX Financial Inc. at (212) 485-3577 (collect) or (800) 788-4253 (toll-free). Requests for the Offer Documents may be directed to Global Bondholder Services Corporation, as tender agent, at (212) 430-3774 or (855) 654-2015 (toll-free), or by email at contact@gbsc-usa.com.
富國銀行證券有限責任公司和Stonex Financial Inc.是主要交易商管理人，CastleOak Securities, L.P.是要約的協作交易商管理人。有關要約條件的更多信息，請致電富國銀行證券有限責任公司(704) 410-4820（來電收費）或 (866) 309-6316（免費撥打）；或致電Stonex Financial Inc. (212) 485-3577（來電收費）或 (800) 788-4253（免費撥打）。對要約文件的請求可直接聯繫全球債券持有人服務公司，作爲招標代理，電話（212）430-3774或（855）654-2015（免費撥打），或通過電子郵件聯繫contact@gbsc-usa.com。
This announcement does not constitute an invitation to participate in the Offer in or from any jurisdiction in or from which, or to or from any person to or from whom, it is unlawful to make such Offer under applicable securities laws or otherwise. The distribution of materials relating to the Offer, and the transactions contemplated by the Offer, may be restricted by law in certain jurisdictions where it is legal to do so. The Offer is void in all jurisdictions where it is prohibited. If materials relating to the Offer come into your possession, you are required by Freddie Mac to inform yourself of and to observe all of these restrictions. The materials relating to the Offer do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the Offer be made by a licensed broker or dealer and a dealer-manager or any affiliate of a dealer-manager is a licensed broker or dealer in that jurisdiction, the Offer shall be deemed to be made by the dealer-manager or such affiliate on behalf of Freddie Mac in that jurisdiction.
本公告並非構成在適用證券法或其他法律下，以任何司法管轄區內或從任何司法管轄區內或向任何不得在該司法管轄區內或從該司法管轄區內向任何人發出這種要約爲違法的邀請。有關該要約以及該要約擬議的交易的材料的分發在某些法律允許的司法管轄區受到限制。 在一切允許法律行使的司法管轄區，該要約是無效的。 如果您收到與該要約相關的材料，您有責任要求自己了解並遵守所有這些限制。 有關該要約的材料並不構成，也不得用於與法律不允許提出要約或徵求業務的任何地方進行連接。 如果一家司法管轄區要求該要約由持牌經紀或經銷商提出，並且經銷商-經理或其任何關聯公司是該司法管轄區的持牌經紀或經銷商，該要約應被視爲由經銷商-經理或該關聯公司代表Freddie Mac在該司法管轄區提出。
About Freddie Mac Single-Family Credit Risk Transfer
Freddie Mac's Single-Family CRT programs transfer credit risk away from U.S. taxpayers to global private capital via securities and (re)insurance policies. We founded the GSE Single-Family CRT market when we issued our first Structured Agency Credit Risk (STACR) notes in July 2013. In November 2013, we introduced our Agency Credit Insurance Structure (ACIS) program. Today, CRT serves as the primary source of private capital investment in residential mortgage credit. For specific STACR and ACIS transaction data, please visit Clarity, our CRT data intelligence portal.
關於Freddie Mac單戶住房信用風險轉移
Freddie Mac的單一家庭CRt計劃通過證券和（再）保險政策將信用風險轉移到全球私人資本，從而使美國納稅人免於負擔。2013年7月，我們發行了首個結構化機構信用風險(STACR)票據，創立了GSE單一家庭CRt市場。2013年11月，我們推出了機構信用保險結構(ACIS)計劃。如今，CRt作爲住房按揭信用的主要私人資本投資來源。有關STACR和ACIS交易數據的詳細信息，請訪問我們的CRt數據智能門戶Clarity。
About Freddie Mac
Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube.
關於Freddie Mac
Freddie Mac的使命是爲全國各地的家庭提供購房機會。我們在所有經濟週期中推動住房市場的流動性，穩定性，可負擔性和公平性。自1970年以來，我們幫助了數千萬家庭購買，租賃或保留他們的住房。了解更多： 網站 | 消費者 | X | LinkedIn | Facebook | Instagram | YouTube.
MEDIA CONTACT: Fred Solomon
703-903-3861
Frederick_Solomon@freddiemac.com
$300,000,000
703-903-3861
Frederick_Solomon@freddiemac.com
