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Primus Guaranty Expects Minimal Impact from Fannie Mae and Freddie Mac CDS Exposure
September 08, 2008
Following the announcements over the weekend relating to Federal National Mortgage Association (“Fannie Mae”) and Federal Home Loan Mortgage Corporation (“Freddie Mac”), Primus Guaranty, Ltd. (NYSE:PRS) today provided the following information with regards to its credit default swap (“CDS”) exposure to Fannie Mae and Freddie Mac.