Freddie Prices First K Deal Solely Backed By 5-yr Loans

Freddie Mac has priced its $1.2 billion FREMF 2012-K501 Mortgage Trust, its first K-issuance of structured pass-through certificates backed solely by five-year mortgages.

  • 28 Mar 2012

Freddie Mac has priced its $1.2 billion FREMF 2012-K501 Mortgage Trust, its first K-issuance of structured pass-through certificates backed solely by five-year mortgages.

The deal’s $287.63 million A1 class, rated Aaa/AAA by Moody’s Investors Service and Morningstar, respectively, which priced to yield 1.315% at swaps plus 37 basis points. ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 15,256 32 17.31
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.93
3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 130,254.20 381 11.10%
2 Bank of America Merrill Lynch 104,113.90 304 8.88%
3 JPMorgan 103,048.77 303 8.79%
4 Wells Fargo Securities 93,728.92 276 7.99%
5 Credit Suisse 76,904.09 209 6.56%