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Fannie Mae - Tender Offer - Results

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes


01 MAY 2023


Full announcement including disclosures and disclaimers available at FANNIE MAE


"WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 24, 2023 (collectively, the "Offer Documents").


A total of approximately $2,654 million in original principal amount of Notes were validly tendered and not validly withdrawn on or before the designated expiration time for the Offers, which was 5:00 PM New York City time on April 28, 2023. The table below sets forth the original principal balance of the Notes, the percentage of original principal amount tendered, and the original principal amount tendered in the Offers."


...


"Name of Security

CUSIP

ISIN

Original Principal Balance

Percentage of Original Principal Amount Tendered1

Original Principal Amount Tendered2


Connecticut Avenue Securities, Series 2014-C04, Class 1M-2 Notes

30711XAP9

US30711XAP96

$578,500,000.00

77.77%

$449,890,551.00


Connecticut Avenue Securities, Series 2015-C01, Class 1M-2 Notes

30711XAT1

US30711XAT19

$521,500,000.00

73.45%

$383,066,537.00


Connecticut Avenue Securities, Series 2015-C02, Class 1M-2 Notes

30711XAX2

US30711XAX21

$625,100,000.00

75.26%

$470,450,407.00


Connecticut Avenue Securities, Series 2015-C03, Class 1M-2 Notes

30711XBB9

US30711XBB91

$644,149,000.00

31.91%

$205,543,198.00


Connecticut Avenue Securities, Series 2016-C01, Class 1M-2 Notes

30711XBM5

US30711XBM56

$333,918,000.00

45.44%

$151,728,711.00


Connecticut Avenue Securities, Series 2017-C01, Class 1B-1 Notes

30711XEQ3

US30711XEQ34

$207,850,000.00

30.88%

$64,176,000.00


Connecticut Avenue Securities, Series 2017-C03, Class 1B-1 Notes

30711XJW5

US30711XJW56

$195,918,000.00

86.71%

$169,873,000.00


Connecticut Avenue Securities, Series 2017-C05, Class 1B-1 Notes

30711XNW0

US30711XNW01

$207,818,000.00

75.20%

$156,287,442.00


Connecticut Avenue Securities, Series 2017-C06, Class 2B-1 Notes

30711XSW5

US30711XSW55

$73,668,000.00

73.78%

$54,352,000.00


Connecticut Avenue Securities, Series 2018-C01, Class 1B-1 Notes

30711XYW8

US30711XYW81

$256,124,000.00

41.48%

$106,237,922.00


Connecticut Avenue Securities, Series 2018-C02, Class 2B-1 Notes

30711XC44

US30711XC442

$151,053,000.00

99.94%

$150,963,000.00


Connecticut Avenue Securities, Series 2018-C03, Class 1B-1 Notes

30711XJ62

US30711XJ629

$192,259,000.00

48.45%

$93,148,000.00


Connecticut Avenue Securities, Series 2018-C05, Class 1B-1 Notes

30711XY32

US30711XY321

$177,428,000.00

86.18%

$152,913,000.00


Connecticut Avenue Securities, Series 2018-C06, Class 2B-1 Notes

30711X5V2

US30711X5V23

$70,009,000.00

64.17%

$44,922,000.00


Original Principal Balance $4,235,294,000.00

Percentage of Original Principal Amount Tendered1 62.65%

Original Principal Amount Tendered2 $2,653,551,768.00


1 Rounded to the nearest hundredth of a percent. 2 Original Principal Amount tendered includes $368,164,791 of Notes tendered using the Notice of Guaranteed Delivery."

 

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes


24 APRIL 2023


Full announcement including disclosures and disclaimers available at SEC


"WASHINGTON, DC – April 24, 2023 – Fannie Mae (FNMA/OTCQB) today announced that it has commenced fixed-price cash tender offers (each, an “Offer” and, collectively, the “Offers”) for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the “Notes”), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 24, 2023 (collectively, the “Offer Documents”). The Offers will expire at 5:00 PM New York City time on Friday, April 28, 2023 (the “Expiration Time”) unless extended or earlier terminated. Notes tendered may be withdrawn at any time at or before the Expiration Time by following the procedures described in the Offer Documents."


...



 

**PREVIOUS OFFERS BELOW**

 

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

Full announcement via Fannie Mae



"December 12, 2022


WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of December 5, 2022 (collectively, the "Offer Documents").

A total of approximately $3,834 million in original principal amount of Notes were validly tendered and not validly withdrawn on or before the designated expiration time for the Offers, which was 5:00 PM New York City time on December 9, 2022. The table below sets forth the original principal balance of the Notes, the percentage of original principal amount tendered, and the original principal amount tendered in the Offers."



 

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes


Full announcement available via SEC.


"WASHINGTON, DC – December 5, 2022 – Fannie Mae (FNMA/OTCQB) today announced that it has commenced fixed-price cash tender offers (each, an “Offer” and, collectively, the “Offers”) for the purchase of any and all of the Connecticut Avenue Securities® (CAS) Notes listed below (the “Notes”), upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of December 5, 2022 (collectively, the “Offer Documents”). The Offers will expire at 5:00 PM New York City time on Friday, December 9, 2022 (the “Expiration Time”) unless extended or earlier terminated. Notes tendered may be withdrawn at any time at or before the Expiration Time by following the procedures described in the Offer Documents."




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