Freddie Mac is making plans to price its third multifamily structured pass-through deal of the year.
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The approximately $1 billion bond is scheduled to price next week with settlement coming by March 31.
The offering is just another sign that the GSEs continue to be key players in the multifamily market, offering liquidity to lenders.
A syndicate of dealers led by Deutsche Bank Securities Inc. and Bank of America Merrill Lynch will be co-lead managers and joint book runners for the transaction. Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. Inc. and Wells Fargo Securities LLC will be co-managers.
The MBS is collateralized by 76 recently originated multifamily loans.
