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Freddie Mac Announces Results of Tender Offer for Certain STACR Bonds

Freddie Mac Announces Results of Tender Offer for Certain STACR Bonds

MCLEAN, Va., Sept. 6, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced tender offer to purchase all of the Structured Agency Credit Risk (STACR) Notes (the “Offering”) listed in the table below (the “Notes”). Certain classes of Notes subject to the Offering were issued by the STACR trusts listed in the table below (each, a “Trust”). Freddie Mac is the holder of the certificate of ownership issued by each Trust and, as a result, is the sole beneficial owner of each Trust.

The Company has conducted the Offer in accordance with the terms and conditions set out in the Offer to Purchase dated August 29, 2024 (the “Offer to Purchase”) and the accompanying Notice of Guaranteed Delivery dated August 29, 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.