Freddie Mac Prices $1.2 Bil. Multifamily K-Deal, K-727

Freddie Mac recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms. The company expects to issue approximately $1.2 billion in K-727 Certificates, which are expected to settle on or about September 25, 2017. Multi-Bank Securities, Inc. was a co-manager on the offering. Full Story