Fannie Mae, also known as the Federal National Mortgage Association, announced on May 22, 2025, that it has initiated fixed-price cash tender offers for the purchase of any and all Connecticut Avenue Securities® $(CAS)$ Notes. These offers are subject to the conditions outlined in the Offer to Purchase and related Notice of Guaranteed Delivery. The tender offers will expire at 5:00 p.m. New York City time on May 29, 2025, unless extended or terminated earlier. BofA Securities has been appointed as the lead dealer manager, with Wells Fargo Securities also serving as a dealer manager for the offers. Global Bondholder Services Corporation will act as the tender agent and information agent. The transactions are part of Fannie Mae's ongoing efforts to manage its debt portfolio.
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