Fannie Mae Announces Intent to Delist its Benchmark Notes and Benchmark Bonds from the Euro MTF Market in Luxembourg
WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced that it intends to apply to voluntarily withdraw the listing of its Benchmark Notes® and Benchmark Bonds® on the Euro MTF market of the Luxembourg Stock Exchange. Company management made this decision after consideration and review of the advantages and disadvantages of maintaining this listing.
The company will propose in its delisting application that delisting occur in March 2017. The final day for listing, however, will ultimately be decided by the Luxembourg Stock Exchange. Investors will have the ability to access information on the listed securities on the Luxembourg Stock Exchange until the effective date of delisting.
The Company expects that its Benchmark Notes and Benchmark Bonds will continue to trade in the over-the-counter market following delisting. Fannie Mae will issue a subsequent press release when the date of delisting is finalized with the Luxembourg Stock Exchange.Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/FannieMae.