See every side of every news story
Published loading...Updated

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

  • On May 30, 2025, in Washington, Fannie Mae announced the outcome of its tender offers involving fixed-price cash payments for certain Connecticut Avenue Securities Notes.
  • The offers were made in accordance with the terms outlined in the Offer to Purchase and the accompanying Notice of Delivery Assurance, both issued on May 22, 2025, and closed at 5:00 PM New York time on May 29, 2025.
  • About $1.798 billion in Notes were properly submitted and remained tendered without withdrawal, with BofA Securities serving as the lead dealer manager.
  • Fannie Mae indicated that the settlement date for Notes accepted in the offers is anticipated to be June 2, 2025, whereas Notes submitted through the guaranteed delivery process are expected to settle on June 3, 2025.
  • The announcement included forward-looking statements based on Fannie Mae’s current beliefs and intentions, which are not guaranteed and may differ from actual future outcomes.
Insights by Ground AI
Does this summary seem wrong?

20 Articles

All
Left
Center
5
Right
2
Chatham Star TribuneChatham Star Tribune
+17 Reposted by 17other sources
Center

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

WASHINGTON, May 30, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) 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…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 71% of the sources are Center
71% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Benzinga broke the news in New York, United States on Friday, May 30, 2025.
Sources are mostly out of (0)