0001539497-16-004280.txt : 20161208 0001539497-16-004280.hdr.sgml : 20161208 20161208162818 ACCESSION NUMBER: 0001539497-16-004280 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161208 DATE AS OF CHANGE: 20161208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 CENTRAL INDEX KEY: 0001690577 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-206847-04 FILM NUMBER: 162041741 BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TYRON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043862400 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28255 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Banc of America Merrill Lynch Commercial Mortgage Inc. CENTRAL INDEX KEY: 0001005007 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561950039 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TYRON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043862400 MAIL ADDRESS: STREET 1: BANK OF AMERICA CORPORATE CENTER STREET 2: 100 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 28255 FORMER COMPANY: FORMER CONFORMED NAME: BANC OF AMERICA COMMERCIAL MORTGAGE INC DATE OF NAME CHANGE: 20000831 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSLINK FUNDING CORP DATE OF NAME CHANGE: 19951218 FWP 1 n800_x9.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206847-04
     

 

-----Original Message-----

Sent:  Thursday, December 08, 2016 10:59 AM

Subject:  MSBAM 2016-C32 XA * PRICING DETAILS * PUBLICS 

 

NEW ISSUE CMBS:  $634.867mm MORGAN STANLEY BofA MERRILL LYNCH SERIES 2016-C32

CO-LEAD MANAGERS & BOOKRUNNERS:  BofA Merrill Lynch and Morgan Stanley

CO-MANAGERS:  KeyBanc Capital Markets, CIBC World Markets, Drexel Hamilton

 

PUBLICLY OFFERED CERTIFICATES

CL Moody’s/Fitch/DBRS SIZE($MM) CPN SPD YIELD $PRICE
X-A Aaa(sf)/AAAsf/AAA(sf) 634.867 0.7804 T+225 4.561 5.5221

 

Pricing Speed: 100 CPY

 

POOL BALANCE: $906,952,869
NUMBER OF LOANS/PROPERTIES: 56/76
WA MORTGAGE INT. RATE: 4.3160%
WA CUT-OFF LTV: 59.0%
WA UW NCF DSCR: 2.14
WA UW NOI DEBT YLD: 11.4%
WA ORIG TERM TO MATURITY: 120
WA ORIG AMORTIZING TERM: 356
TEN LARGEST LOANS: 50.1%
LOAN SELLERS: MS (33.9%), BANA (32.7%), SMC (15.2%), KEY (9.5%), CIBC (8.7%)
TOP 5 STATES: CA(18.2%), TN(9.6%), NY(8.3%), VA(7.3%), HI(6.9%)
TOP 5 PROPERTY TYPES: RT(40.8%), OF(16.2%), IN(12.3%), MU(11.3%), HO(9.6%)
   
MASTER SERVICER: Wells Fargo Bank, National Association
SPECIAL SERVICER: Midland Loan Services
TRUSTEE: Wilmington Trust, National Association
CERT ADMIN: Wells Fargo Bank, National Association
TRUST ADVISOR: Park Bridge Lender Services LLC
INITIAL CNTRLG CLASS REP: Eightfold
   
EXPECTED SETTLEMENT: On or about 12/21/16
   

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The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322. The securities may not be suitable for all investors. Merrill, Lynch, Pierce, Fenner & Smith Incorporated and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.

 

CIRCULAR 230 DISCLOSURE

TO ENSURE COMPLIANCE WITH REQUIREMENTS IMPOSED BY THE INTERNAL REVENUE SERVICE, WE INFORM YOU THAT (A) ANY UNITED STATES FEDERAL TAX ADVICE CONTAINED HEREIN (INCLUDING ANY ATTACHMENTS OR ENCLOSURES) WAS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING UNITED STATES FEDERAL TAX PENALTIES, (B) ANY SUCH ADVICE WAS WRITTEN TO SUPPORT THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN AND (C) ANY TAXPAYER TO WHOM THE TRANSACTIONS OR MATTERS ARE BEING PROMOTED, MARKETED OR RECOMMENDED SHOULD SEEK ADVICE BASED ON ITS PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.

 

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