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Real Estate & Property Law

: Housing Wire

Freddie Opens Tender Offer to Go Long

By KELLY CURRAN

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Freddie Mac (FRE: 0.80 0.00%) will carry out this week the largest tender offer in its nearly four decade long history. Freddie will offer to purchase from investors up to $30bn principal amount in targeted securities, in attempt to reduce its effective short-term debt. The offer’s marked debt contains issues totaling nearly $70bn with maturities between September [...]

Full post as published by Housing Wire on June 01, 2009 (boomark / email).

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