FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-226850-02

From: Bc Struct Prod Synd Barclay (BARCLAYS CAPITAL INC) At: 05/20/19 16:12:25

To: [REDACTED] (BARCLAYS CAPITAL INC )
Subject: BBCMS 2019-C3 – X-A & X-B (IO Pricing Details)

BBCMS 2019-C3 – X-A & X-B (IO Pricing Details)

NEW ISSUE CMBS ***PUBLIC OFFERING***

JOINT BOOKRUNNERS
& CO-LEAD MANAGERS:	BARCLAYS CAPITAL INC.
	UBS SECURITIES LLC
	NATIXIS SECURITIES AMERICAS LLC
	SG AMERICAS SECURITIES, LLC
CO-MANAGERS:	DREXEL HAMILTON, LLC & KEYBANC CAPITAL MARKETS INC.
RATING AGENCIES:	S&P, FITCH & KBRA

***PUBLIC OFFERED CERTIFICATES***

RATINGS NOTIONAL

CLASS	(S/F/K)	SIZE ($MM)	PROCEEDS($MM)	SPREAD	CPN	YIELD	PRICE
X-A	AAA/AAA/AAA	655.654	~69MM	J+145	1.349004	3.82011	10.4969
X-B	NR/A-/AAA	167.426	~11.5MM	J+105	0.775873	3.44817	6.9222

COLLATERAL SUMMARY:
POOL BALANCE:	$936,649,542
NUMBER OF LOANS:	50
NUMBER OF PROPERTIES:	517
WA CUT-OFF LTV:	60.2%
WA UNDERWRITTEN NCF DSCR:	1.93x
WA UNDERWRITTEN NOI DEBT YIELD:	11.2%
WA MORTGAGE INTEREST RATE:	4.80232%
WA REM. TERM TO MATURITY (MOS):	115
LOAN SELLERS:	BARCLAYS (29.7%), SGFC (28.5%), KEYBANK (13.0%), UBS AG (12.7%), NATIXIS (9.9%), RMF (6.2%)
TOP 5 PROPERTY TYPES:	OFFICE (26.6%), HOTEL (19.9%), SELF STORAGE (13.4%), RETAIL (12.3%), INDUSTRIAL (11.2%)
TOP 5 STATES:	CA (12.9%), FL (10.0%), PA (7.8%), TX (7.8%), NC (6.6%)
TOP 10 & 5 LOANS
AS A % OF POOL:	45.4% & 26.5%
MASTER SERVICER:	MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, N.A.
SPECIAL SERVICER:	MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, N.A.
OPERATING ADVISOR:	PENTALPHA SURVEILLANCE LLC
DIRECTING HOLDER:	KKR REAL ESTATE CREDIT OPPORTUNITY PARTNERS AGGREGATOR I L.P. (OR ITS AFFILIATE))
TRUSTEE:	WELLS FARGO BANK, NATIONAL ASSOCIATION
CERT. ADMINISTRATOR:	WELLS FARGO BANK, NATIONAL ASSOCIATION
ANTICIPATED TIMING:
TERM SHEET, ANNEX A-1& RED:	ATTACHED
ANTICIPATED SETTLEMENT:	6/11

The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (File No. 333-226850) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the Securities and Exchange Commission for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling 1-888-603-5847.

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this document is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

-------------------------------------------------------------------------------

This message is for information purposes only; unless stated, it is not a recommendation, advice, offer or solicitation to buy or sell products or services, nor a transaction confirmation. This is intended for professionals and recipients only; not for retail customer use. This message is subject to the terms at www.barclays.com/emaildisclaimer. For important disclosures regarding market commentary from Barclays Sales and/or Trading who are active market participants: www.barclays.com/salesandtradingdisclaimer. For Barclays Research, including disclosures relating to specific issuers: https://clicktime.symantec.com/3u69NBQdHZtVz2HtNa76Vi6H2?u=http%3A%2F%2Fpublicresearch.barclays.com. Capital and Markets Clients: Barclays' traders may be present in Chat Rooms.