OREANDA-NEWS. Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $1.1 billion in K Certificates (K-058 Certificates), which are expected to settle on or about November 9, 2016.K-058 Pricing*50% of the Class X3 notional sizeDetails

Co-Lead Managers and Joint Bookrunners: Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated

Co-Managers: Academy Securities Inc., Amherst Pierpont Securities LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC

Rating Agencies: Fitch Ratings, Inc. and Kroll Bond Rating Agency, Inc.

Class   Principal / Notional Amount (mm)   Weighted Average Life (Years)   Spread (bps)   Coupon   Yield   Dollar Price
A-1   $149.429   6.66   S + 56   2.3400%   2.0001%   $101.9979
A-2   $894.523   9.75   S + 68   2.6530%   2.3004%   $102.9982
A-M   $59.334   9.79   S + 75   2.7240%   2.3724%   $102.9918
X1   $1,043.952   9.07   T + 215   0.9310%   3.9361%   $7.3264
XAM   $59.334   9.54   Not Offered
X3*   $89.802   9.62   T + 525   2.0028%   7.0750%   $14.0901