Freddie Mac offers to buy any and all of eight series of STACR notes

Chicago, June 7 – Freddie Mac started a tender offer Tuesday for eight series of its Structured Agency Credit Risk notes, according to a press release.

The agency is offering fixed tender offer considerations for the following notes:

• $284,955,036 original principal amount of STACR Trust 2018-DNA2’s STACR 2018-DNA2 M-2 notes (Cusip: 35563TAB7) for a tender offer consideration of $1,013.44 per $1,000 note;

• $343.85 million original principal amount of STACR Trust 2018-HQA2’s STACR 2018-HQA2 M-2 notes (Cusip: 35563XAH5) for a tender offer consideration of $1,004.38 per $1,000 note;

• $231,133,034 original principal amount of STACR Trust 2018-DNA3’s STACR 2018-DNA3 M-2 notes (Cusip: 35563WAH7) for a tender offer consideration of $1,007.66 per $1,000 note;

• $327 million original principal amount of STACR Trust 2019-DNA1’s STACR 2019-DNA1 M-2 notes (Cusip: 35563KAH3) for a tender offer consideration of $1,017.81 per $1,000 note;

• $305 million original principal amount of STACR Trust 2019-HQA1’s STACR 2019-HQA1 M-2 notes (Cusip: 35563MAH9) for a tender offer consideration of $1,010.47 per $1,000 note;

• $352 million original principal amount of STACR Trust 2019-DNA2’s STACR 2019-DNA2 M-2 notes (Cusip: 35564LAH0) for a tender offer consideration of $1,012.50 per $1,000 note;

• $280 million original principal amount of STACR Trust 2019-HQA2’s STACR 2019-HQA2 M-2 notes (Cusip: 35564MAH8) for a tender offer consideration of $1,004.06 per $1,000 note; and

• $112 million original principal amount of STACR Trust 2019-HRP1’s STACR 2019-HRP1 M-2 notes (Cusip: 35564RAK0) for a tender offer consideration of $1,000.63 per $1,000 note.

Interest will also be paid to the settlement date.

Each series of notes was issued by the STACR trust identified above. Freddie Mac holds the owner certificate issued by each trust.

There are guaranteed delivery procedures for the offer.

The tender offer expires at 5 p.m. ET on June 13, also the withdrawal deadline.

Settlement is planned for June 15.

Purchase of notes tendered via guaranteed delivery is expected for June 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.

CastleOak Securities LP is the co-dealer manager.

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

More information is available on Freddie Mac’s site (https://crt.freddiemac.com/securities).

The government-sponsored enterprise that provides mortgage capital to lenders is based in McLean, Va.

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