Freddie Mac Prices $327 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates
The Class A-US and A-CA Certificates are senior principal and interest certificates, which are rated as AA+(sf) by S&P Global Ratings and the Class X-US and X-CA Certificates are interest-only certificates.
- The Class A-US and A-CA Certificates are senior principal and interest certificates, which are rated as AA+(sf) by S&P Global Ratings and the Class X-US and X-CA Certificates are interest-only certificates.
- The Class A-US and A-CA and Class X-US and X-CA Certificates are guaranteed by Freddie Mac.
- The ML-10 Trust will also issue Class B-US and B-CA Certificates, which will not be guaranteed by Freddie Mac.
- ML Certificates typically feature a wide range of investor options with stable cash flows and structured credit enhancement.