Green Bond Fact Sheet

Freddie Mac

Date: 10/07/2019

Issue date: 28-06-2019 Maturity date: dd-mm-yyyy Tenor:
Issuer Name

Freddie Mac

Amount Issued

USD435m

Country of risk

USA

CBI Database

IncludedIssuer Type1ABS

Bond TypeCMBS

Green Bond Framework

Link to Framework

Second party opinion

CICERO

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energyperformance☒ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater
treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Green bond proceeds will be reported monthly by the master servicer and trustee aspart of the standard Investor Reporting Package, where specific research reports are
made available to investors through the Bloomberg terminal.
Freddie Mac will report asset- and portfolio-level performance for green CMBSs in a
publicly available, annually updated report as well as in the Multifamily Securities
Investor Access Tool or its Security Lookup tool; both tools provide additional
information for securitization deals and are publicly available on Freddie Mac’s website.
Freddie Mac operates in the secondary mortgage market. It purchases mortgage loans
from lenders so they in turn can provide more loans to qualified borrowers. The
company’s mission is to provide liquidity, stability, and affordability to the U.S. housingmarket. It has provided USD168bn of mortgage funding in 2019 YTD.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

The proceeds will be used to fund the Green Up and Green Up Plus loan offerings
under the Multifamily Green Advantage suite of offerings. Examples of projects include
water efficiency shower heads, aerator tap, low-flow toilets, LED lighting, energy
efficient appliances and insulation upgrades. The issuer has confirmed that loans thatoriginated in 2018 with lower savings reductions thresholds (25% for energy and waterwith no minimum for energy) are also eligible under the green bond framework. Loansfrom 2019 and onwards must meet higher savings reduction thresholds (30%) and arequirement for energy efficiency (15%) as detailed on p. 6 of the Green BondFramework.
The US MBS-market is estimated to be worth USDXbn. It is great to see additional
issuers join Fannie Mae in this space to leverage some of the value of this market
segment to energy and water efficient properties. We look forward to seeing futureissuances from Freddie Mac and will monitor its post-issuance reporting.

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign