Freddie Mac Announces K-016 Offering of Approximately $1 Billion in Multifamily Securities

MCLEAN, Va., Dec. 5, 2011 /PRNewswire/ -- Freddie Mac (OTC: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"), multifamily mortgage-backed securities.  The company expects to offer approximately $1.0 billion in K Certificates ("K-016 Certificates"), which are expected to price the week of December 5, 2011, and settle on or about December 22, 2011.  The K-016 Certificates will be offered to the market by a syndicate of dealers led b...continued FMCC

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