Fannie Mae announced that it has commenced fixed-price cash tender offers for the purchase of any and all of the Connecticut Avenue Securities Notes listed below upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of May 22, 2025. Certain of the classes of Notes subject to the Offers were issued by the REMIC trusts identified in the table below (each, a "Trust"). Fannie Mae is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust. The Offers will expire at 5:00 p.m.New York City time on Thursday, May 29, 2025 (the "Expiration Time") unless extended or earlier terminated. Notes tendered may be withdrawn at any time at or before the Expiration Time by following the procedures described in the Offer Documents. The following details pertain to various Connecticut Avenue Securities: Connecticut Avenue Securities, Series 2017-C01, Class 1M-2 Notes: CUSIP 30711XEP5, ISIN US30711XEP50, with an original principal balance of $118,854,281.00 and a tender offer consideration of $1,035.70 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C02, Class 2M-2 Notes: CUSIP 30711XGP3, ISIN US30711XGP33, with an original principal balance of $25,780,837.00 and a tender offer consideration of $1,042.90 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C02, Class 2B-1 Notes: CUSIP 30711XGQ1, ISIN US30711XGQ16, with an original principal balance of $102,914,000.00 and a tender offer consideration of $1,083.70 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C04, Class 2M-2 Notes: CUSIP 30711XLT9, ISIN US30711XLT99, with an original principal balance of $21,494,381.00 and a tender offer consideration of $1,034.30 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C05, Class 1M-2 Notes: CUSIP 30711XNX8, ISIN US30711XNX83, with an original principal balance of $94,757,590.00 and a tender offer consideration of $1,024.40 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C05, Class 1B-1 Notes: CUSIP 30711XNW0, ISIN US30711XNW01, with an original principal balance of $51,530,558.00 and a tender offer consideration of $1,057.50 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C06, Class 1B-1 Notes: CUSIP 30711XQW7, ISIN US30711XQW73, with an original principal balance of $44,547,596.00 and a tender offer consideration of $1,071.90 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2017-C07, Class 1M-2 Notes: CUSIP 30711XUX0, ISIN US30711XUX01, with an original principal balance of $34,310,097.00 and a tender offer consideration of $1,030.40 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2018-C01, Class 1B-1 Notes: CUSIP 30711XYW8, ISIN US30711XYW81, with an original principal balance of $60,864,671.00 and a tender offer consideration of $1,068.70 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2018-C03, Class 1M-2 Notes: CUSIP 30711XJ70, ISIN US30711XJ702, with an original principal balance of $9,520,000.00 and a tender offer consideration of $1,027.70 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2018-C03, Class 1B-1 Notes: CUSIP 30711XJ62, ISIN US30711XJ629, with an original principal balance of $99,111,000.00 and a tender offer consideration of $1,080.00 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2018-C05, Class 1M-2 Notes: CUSIP 30711XY24, ISIN US30711XY248, with an original principal balance of $108,649,613.00 and a tender offer consideration of $1,035.30 per $1,000 original principal amount. Connecticut Avenue Securities, Series 2018-C06, Class 1B-1 Notes: CUSIP 30711X3M4, ISIN US30711X3M42, with an original principal balance of $64,944,000.00 and a tender offer consideration of $1,091.30 per $1,000 original principal amount.
Connecticut Avenue Securities, Series 2019-R03, Class 1B-1 Notes: CUSIP 20753MAE8, ISIN US20753MAE84, with an original principal balance of $153,095,000.00 and a tender offer consideration of $1,068.00 per $1,000 original principal amount, associated with the Connecticut Avenue Securities Trust 2019-R03. Connecticut Avenue Securities, Series 2022-R03, Class 1M-1 Notes: CUSIP 20753XAA2, ISIN US20753XAA28, with an original principal balance of $484,882,000.00 and a tender offer consideration of $1,016.30 per $1,000 original principal amount, associated with the Connecticut Avenue Securities Trust 2022-R03. Connecticut Avenue Securities, Series 2022-R04, Class 1M-1 Notes: CUSIP 20753YCH3, ISIN US20753YCH36, with an original principal balance of $415,412,000.00 and a tender offer consideration of $1,014.70 per $1,000 original principal amount, associated with the Connecticut Avenue Securities Trust 2022-R04. Total Original Principal
Balance $1,890,667,624.00.