IMF-Backed Bill Sets Up Clash With Costa Ricaâs Powerful Unions
Mar 22 2021, 1:39 AM
March 19 2021, 5:30 PM
March 22 2021, 1:39 AM
(Bloomberg) Costa Rica is trying to rein in one of the worldâs highest public sector wage bills, pitting powerful unions against the government and the International Monetary Fund.
(Bloomberg) Costa Rica is trying to rein in one of the worldâs highest public sector wage bills, pitting powerful unions against the government and the International Monetary Fund.
The government is trying to eliminate hundreds of top ups that it pays employees, but some workers are taking to the streets to try to block the proposal, and kill Costa Ricaâs whole IMF program.
Analysis: Argentina s basement bonds no bargain as IMF talks drag, drought dents soy
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IMF-Backed Bill Sets Up Clash With Costa Rica s Powerful Unions
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Freddie Mac Announces Pricing of $362 Million Multifamily Small Balance Loan Securitization
MCLEAN, Va., March 12, 2021 (GLOBE NEWSWIRE) Freddie Mac (OTCQB: FMCC) announces the pricing of the SB84 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately $362 million in SB Certificates (SB84 Certificates), which are expected to settle on or about March 19, 2021. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally backed by properties with five or more units. This is the third SB Certificate transaction in 2021.
SB84 Pricing
Co-Managers: CastleOak Securities, L.P., Oppenheimer & Co., Piper Sandler & Co. and Stifel, Nicolaus & Company, Incorporated