In This Article:
MCLEAN, Va., May 07, 2025 (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 applicable STACR trust 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.
The Company has conducted the Offer in accordance with the conditions set forth in the Offer to Purchase dated April 30, 2025 (the “Offer to Purchase”) and related Notice of Guaranteed Delivery dated April 30, 2025 (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.
As of 5:00 p.m., New York City time, on Tuesday, May 6, 2025 (the “Expiration Time”), approximately $1.7 billion aggregate original principal amount of the Notes had been validly tendered and not properly withdrawn as set forth in the table below:
| Title of Security | STACR Trust | CUSIP Number | ISIN Number | Original Principal Amount | Percentage of Original Principal Amount Tendered and Accepted1 | Original Principal Amount Tendered and Accepted2 | |
| STACR 2016-DNA4 B | N/A | 3137G0LK3 / N/A | US3137G0LK36 / N/A | $31,000,000 | 88.31% | $27,375,000 | |
| STACR 2017-DNA1 M-2 | N/A | 3137G0MD8 / N/A | US3137G0MD83 / N/A | $2,860,000 | 0.00% | - | |
| STACR 2017-DNA1 B-2 | N/A | 3137G0MY2 / N/A | US3137G0MY21 / N/A | $11,455,000 | 19.64% | $2,250,000 | |
| STACR 2017-DNA2 M-2 | N/A | 3137G0NX3 / N/A | US3137G0NX39 / N/A | $1,000,0003 | 0.00% | - | |
| STACR 2017-DNA2 B-1 | N/A | 3137G0PR4 / N/A | US3137G0PR43 / N/A | $41,210,000 | 23.66% | $9,750,000 | |
| STACR 2017-DNA2 B-2 | N/A | 3137G0PS2 / N/A | US3137G0PS26 / N/A | $29,750,000 | 13.34% | $3,970,000 | |
| STACR 2017-DNA3 M-2 | N/A | 3137G0QQ5 / N/A | US3137G0QQ50 / N/A | $03 | 0.00% | - | |
| STACR 2017-DNA3 B-1 | N/A | 3137G0RJ0 / N/A | US3137G0RJ09 / N/A | $37,677,047 | 0.00% | - | |
| STACR 2017-HQA1 M-2 | N/A | 3137G0NE5 / N/A | US3137G0NE57 / N/A | $11,850,000 | 0.00% | - | |
| STACR 2017-HQA1 B-2 | N/A | 3137G0ND7 / N/A | US3137G0ND74 / N/A | $14,500,000 | 0.00% | - | |
| STACR 2017-HQA2 M-2 | N/A | 3137G0PU7 / N/A | US3137G0PU71 / N/A | $550,0003 | 0.00% | - | |
| STACR 2018-DNA1 M-2 | N/A | 3137G0TH2 / N/A | US3137G0TH25 / N/A | $24,890,000 | 100.00% | $24,890,000 | |
| STACR 2018-DNA2 M-2 | Freddie Mac STACR | 35563TAB7 / N/A | US35563TAB70 / N/A | $03 | 0.00% | - | |
| STACR 2018-DNA2 B-1 | Freddie Mac STACR | 35563TAV3 / N/A | US35563TAV35 / N/A | $6,000,000 | 16.67% | $1,000,000 | |
| STACR 2018-DNA3 M-2 | Freddie Mac STACR | 35563WAH7 / N/A | US35563WAH79 / N/A | $8,175,0003 | 34.25% | $2,800,000 | |
| STACR 2018-DNA3 B-1 | Freddie Mac STACR | 35563WBD5 / N/A | US35563WBD56 / N/A | $23,335,885 | 0.00% | - | |
| STACR 2018-HQA1 B-1 | N/A | 3137G0UX5 / N/A | US3137G0UX55 / N/A | $86,540,000 | 0.00% | - | |
| STACR 2019-DNA4 B-2 | Freddie Mac STACR REMIC Trust 2019-DNA4 | 35565ABE9 / | US35565ABE91 / USU3202KBE11 | $87,000,000 | 9.06% | $7,884,750 | |
| STACR 2019-FTR2 B-1 | Freddie Mac STACR | 35564WBD4 / N/A | US35564WBD48 / N/A | $27,250,000 | 100.00% | $27,250,000 | |
| STACR 2019-FTR4 B-2 | Freddie Mac STACR | 35565GAE7 / | US35565GAE70 / USU3202TAE39 | $111,220,000 | 25.09% | $27,900,000 | |
| STACR 2019-HQA3 B-2 | Freddie Mac STACR | 35564XBE0 / N/A | US35564XBE04 / N/A | $80,000,000 | 53.73% | $42,984,000 | |
| STACR 2019-HRP1 B-1 | Freddie Mac STACR | 35564RCB8 / N/A | US35564RCB87 / N/A | $18,540,000 | 62.14% | $11,520,000 | |
| STACR 2019-HRP1 B-2 | Freddie Mac STACR | 35564RCC6 / N/A | US35564RCC60 / N/A | $42,000,000 | 64.29% | $27,000,000 | |
| STACR 2020-DNA1 B-1 | Freddie Mac STACR REMIC Trust 2020-DNA1 | 35565HBD6 / | US35565HBD61 / USU3198MBD57 | $41,125,875 | 0.00% | - | |
| STACR 2022-DNA1 M-1A | Freddie Mac STACR REMIC Trust 2022-DNA1 | 35564KPU7 / | US35564KPU78 / USU3201WPU53 | $116,868,000 | 12.63% | $14,760,000 | |
| STACR 2022-DNA1 M-1B | Freddie Mac STACR REMIC Trust 2022-DNA1 | 35564KPV5 / | US35564KPV51 / USU3201WPV37 | $45,906,500 | 5.38% | $2,470,000 | |
| STACR 2022-DNA2 M-1B | Freddie Mac STACR REMIC Trust 2022-DNA2 | 35564KRF8 / | US35564KRF83 / USU3201WRF68 | $597,000,000 | 78.89% | $470,949,158 | |
| STACR 2022-DNA3 M-1A | Freddie Mac STACR REMIC Trust 2022-DNA3 | 35564KUW7 / U3201WUW5 | US35564KUW79 / USU3201WUW54 | $672,000,000 | 78.55% | $527,945,468 | |
| STACR 2022-DNA4 M-1A | Freddie Mac STACR REMIC Trust 2022-DNA4 | 35564KWS4 / U3201WWS2 | US35564KWS40 / USU3201WWS25 | $554,000,000 | 84.16% | $466,293,635 | |
| STACR 2022-HQA1 M-1B | Freddie Mac STACR REMIC Trust 2022-HQA1 | 35564KTB5 / | US35564KTB51 / USU3201WTB37 | $35,800,889 | 6.52% | $2,335,000 | |
| Total | $1,701,327,011 | ||||||
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Rounded to the nearest hundredth of a percent.
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For STACR 2016-DNA4 B, STACR 2019-DNA4 B-2, STACR 2019-FTR2 B-1, STACR 2019-FTR4 B-2, STACR 2019-HQA3 B-2, STACR 2019-HRP1 B-1, STACR 2022-DNA1 M-1B, STACR 2022-DNA2 M-1B and STACR 2022-DNA3 M-1A, the original principal amount tendered and accepted includes $21,510,000, $3,016,000, $27,250,000, $2,800,000, $3,244,000, $11,520,000, $450,000, $41,281,000 and $5,000,000 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 Thursday, May 8, 2025.
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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.