Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating - S&P Global Ratings’ Credit Research

Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating

Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating - S&P Global Ratings’ Credit Research
Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating
Published Nov 01, 2013
Published Nov 01, 2013
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Abstract:

NEW YORK (Standard&Poor's) Nov. 1, 2013--Standard&Poor's Ratings Services assigned its 'AA+' rating to Freddie Mac's multifamily variable-rate class A certificates series M029 and M030. "The rating is based on the credit enhancement provided by Freddie Mac," said Standard&Poor's credit analyst Karen Fitzgerald. Freddie Mac is rated AA+/Stable/A-1+. Freddie Mac will guarantee payments of interest at the term extended rate on the series M029 class A certificates and at the LIBOR index rate on the series M030 class A certificates, plus principal on the underlying bonds that is passed through to the respective class A certificate holders. RELATED CRITERIA AND RESEARCH Global Methodology For Rating Repackaged Securities, Oct. 16, 2012 USPF Criteria: Secondary Market Derivative

  
Report Type:

Ratings Action

Ticker
FRE
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Sector
Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating" Nov 01, 2013. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Freddie-Mac-s-Series-M029-And-M030-Class-A-Certificates-Assigned-AA-Rating-1210889>
  
APA:
S&P Global Ratings’ Credit Research. (). Freddie Mac's Series M029 And M030 Class A Certificates Assigned 'AA+' Rating Nov 01, 2013. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Freddie-Mac-s-Series-M029-And-M030-Class-A-Certificates-Assigned-AA-Rating-1210889>
  
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