FWP 1 n2384_email-x5.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226943-09
     

From: Db Cmbs Deutsche Bank (DEUTSCHE BANK SECURI) [mailto:ddeutscheb33@bloomberg.net]

Sent: Tuesday, December 15, 2020 10:48 AM

Subject: BMARK 2020-B22 **INITIAL PRICE TALK** PUBLIC

 

BMARK 2020-B22 **INITIAL PRICE TALK** PUBLIC

 

***PUBLIC OFFERED CERTIFICATES***

CLASS RATING (M/F/K) SIZE (MM) C/E WAL IPT TARGET $PX
A-1 Aaa/AAA/AAA  9.763 30.000% 3.09 +22A ~100
A-2 Aaa/AAA/AAA  3.086 30.000% 5.04 +74A ~103
A-SB Aaa/AAA/AAA 15.906 30.000% 7.24 +60A ~103
A-4* Aaa/AAA/AAA 256.000   30.000% 9.45 LCF-2 ~101
A-5* Aaa/AAA/AAA 256.699   30.000% 9.96 +74A ~103
A-M Aa3/AAA/AAA 69.615 21.000% 10.03   +92A ~103
B NR/AA-/AA 30.941 17.000% 10.04    +125A ~100
C NR/A-/A 31.907 12.875% 10.04    +190A ~100

 

*SIZES SUBJECT TO CHANGE AS DETAILED IN THE TERM SHEET. RANGE OF POSSIBLE SIZES

BELOW:

CLASS EXPECTED RANGE OF BALANCE EXPECTED RANGE OF WAL
A-4 0.000 - 256.000 NA - 9.45
A-5 256.699 - 512.699 9.96 - 9.71

 

DEUTSCHE BANK TRADING DESK CONTACTS:
RYAN HORVATH 212-250-5149
DAN PENN 212-250-5149
   
CITIGROUP SYNDICATE DESK CONTACTS:
RAUL OROZCO 212-723-1295
MATT PERRY 212-723-1295
   
JPM CMBS TRADING DESK CONTACT:
AVINASH SHARMA 212-834-3111
   
JPM SPG SYNDICATE CONTACTS:
KAILIN TWOMEY 212-834-4154
JENNIFER KORNBLAU 212-834-4154
   
JPM CMBS BANKING CONTACTS:  
KUNAL SINGH 212-834-5467
BRAD HORN 212-834-5467
   
GOLDMAN SACHS SYNDICATE DESK CONTACTS:
SCOTT WALTER 212-357-8910
MONIQUE HARMON 212-357-9012
   

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The issuer has filed a registration statement (including a prospectus) with the SEC for the new 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<http://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 1-800-503-4611. This communication does not contain all information that is required to be included in the prospectus. The information in this communication is preliminary, and is subject to completion or change. Any investment decision with respect to the securities should be made by you based upon the information contained in the prospectus relating to the securities. There can be no assurance that actual pricing will be completed at the indicated value(s).This communication is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.

 

The foregoing also applies to any information provided in any subsequent discussion with you about the contents of this communication, regardless of the means of such subsequent discussion.

 

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW THIS SENTENCE ARE NOT APPLICABLE TO THIS MESSAGE AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES HAVE BEEN AUTOMATICALLY GENERATED AS A RESULT OF THIS MESSAGE HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER SYSTEM.

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