S&P Global Ratings assigned its 'AA+(sf)' rating to Freddie Mac's class A-CA, class A-US, and class A-FL series ML-08 multifamily ML certificates. The rating reflects our view of the credit enhancement, in the form of a Freddie Mac guarantee for the class A-CA, A-US, and A-FL global certificates. The rating also reflects our opinion of the likelihood class A-CA, A-US, and A-FL certificateholders will receive full and timely interest-and-principal payments when due. However, the rating does not reflect our opinion of the likelihood certificateholders will receive full and timely payment of any prepayment premiums or yield-maintenance charges. As noted in our analysis on Freddie Mac, published April 23, 2020, on RatingsDirect, the rating on Freddie Mac's senior unsecured debt is
