EMAIL DETAILS
SUBJECT:
Fwd: Freddie Mac Bond Sale Opportunity
PRI: NORMAL
FROM:
E
eschwerin@rosemontseneca.com
DATE:
2015-03-05 20:07:03
MSG_ID:
<D85651C7-C9D3-4312-A736-32516114A54B@rosemontseneca.com>
RECIPIENTS:
TO:
D
Devon Archer
<darcher@rosemontseneca.com>
H
Hunter Biden
<hbiden@rosemontseneca.com>
CONTENT:
TEXT: YES |
HTML: YES
PROCESSED
Did either of you get a chance to look at the below? It is fairly time sensitive if we think we can find someone interested. Eric D. Schwerin Rosemont Seneca Partners, LLC 1010 Wisconsin Ave., NW Suite 705 Washington, DC 20007 (202) 333-1880 eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com> P Consider the environment before printing this email. > Begin forwarded message: > > From: Eric Schwerin <eschwerin@rosemontseneca.com> > Subject: Freddie Mac Bond Sale Opportunity > Date: March 4, 2015 at 9:43:35 AM EST > To: Hunter Biden <hbiden@rosemontseneca.com>, Devon Archer <darcher@rosemontseneca.com> > > Karen Tramantano just reached out to see if we had anyone who’d be interested in the below. Seems like an interesting opportunity. Hunter, do you think Third Point may have some interest? Thoughts? I don’t believe it is appropriate for foreign investors - think they are looking for domestic. > > Freddie Mac is poised to offer $1B in note sales. > > A investment fund owned by a not-for-profit focused on neighborhood stabilization is on the short list of invited bidders. > > The $1B offering will be broken up into 4 or 5 pools, of which two will be in the range of $100M. > > The potential bidder has a line of credit (source of capital), with some equity investors. However, in order to bid on this one they need to identify an equity investor in the $25M range. > > The approximate ROI’s are in the mid 20’s. > > Over the next year and beyond there will be several Freddie and Fannie note sales. The GSE’s (in part because of Dodd Frank) need to bring smaller firms, nonprofits to the table. This firm is well positioned and pre-approved. > > > > > Eric D. Schwerin > Rosemont Seneca Partners, LLC > 1010 Wisconsin Ave., NW > Suite 705 > Washington, DC 20007 > (202) 333-1880 > eschwerin@rosemontseneca.com <x-msg://59/eschwerin@obblaw.com> > P Consider the environment before printing this email. >
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