MoFo Represents Fannie Mae in $3.13 billion Cash Tender Offer

Morrison & Foerster represented the Federal National Mortgage Association, a federally chartered corporation (“Fannie Mae”), in its $3.13 billion fixed-price cash tender offer for any and all of certain Connecticut Avenue Securities (CAS) Debt Notes. The tender offer expired on November 19, 2021.

BofA Securities, Inc. acted as the designated lead dealer manager and Barclays Capital Inc. acted as the designated dealer manager for the offers. Global Bondholder Services Corporation acted as the tender agent and information agent for the offers.

The MoFo team, led by Washington, D.C. partner Scott Lesmes and counsel Emily Beers, included D.C. associates Joel Todd and Leemor Banai.