S&P Global Ratings assigned its 'AA+ (sf)' rating to Freddie Mac 's anticipated $352.503 million series 2026-ML-37 class A-US and class A-USM multifamily ML structured pass-through certificates (SPCs) sustainability bonds. The outlook is stable. NEW YORK (S&P Global Ratings) Sep. 4, 2026--S&P Global Ratings today took the rating actions listed above. The stable outlook primarily reflects our view of Freddie Mac's guarantee on the SPCs and the transaction's legal and operational risk framework. The outlook on Freddie Mac is commensurate with that on the U.S. sovereign rating. We could lower the rating if we lower our rating on the U.S. or on Freddie Mac's debt, or if the A/L parity ratio decreases to less than 100% without offsetting factors. We
