0001539497-20-001291.txt : 20201015 0001539497-20-001291.hdr.sgml : 20201015 20201014204256 ACCESSION NUMBER: 0001539497-20-001291 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20201015 DATE AS OF CHANGE: 20201014 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BBCMS Mortgage Trust 2020-C8 CENTRAL INDEX KEY: 0001823722 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-226850-07 FILM NUMBER: 201240144 BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Barclays Commercial Mortgage Securities LLC CENTRAL INDEX KEY: 0001541480 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 270108800 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FWP 1 n2321_x11-xbpricing.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-226850-07

Subject: Fwd:**BBCMS 2020-C8** XB PRICING DETAIL (PUBLIC)

NEW ISSUE CMBS IO: BBCMS 2020-C8 $125,169,000 **PUBLIC OFFERING**

JOINT LEADS: BARCLAYS, BANK OF AMERICA, SOCIÉTÉ GÉNÉRALE

CO-MANAGERS: DREXEL HAMILTON, ACADEMY SECURITIES

RATING AGENCIES: MOODY’S, FITCH, DBRS MSTAR

***PUBLIC OFFERED CERTIFICATES***

	RATINGS	AVAIL.			INITIAL
CLASS	(M/F/D)	SIZE($MM)	WAL*	COUPON	PRICE	YIELD	SPREAD
X-B	NR/A-/AA(low)	119.592	9.67	1.14713	9.6101	2.51702	T+183

*WAL of NOTIONAL BALANCE @ 100CPY

- ANTICIPATED SETTLEMENT: TUESDAY, OCTOBER 27, 2020

*TRANSACTION SUMMARY*

POOL BALANCE:	$700,244,660
NUMBER OF LOANS:	48
NUMBER OF PROPERTIES:	127
WA CUT-OFF LTV:	57.1%
WA MATURITY LTV:	52.4%
WA U/W NCF DSCR:	2.54X
WA U/W NOI DY:	10.8%
WA MORTGAGE RATE:	3.70357%
TOP 10 LOANS %:	55.9%
WA REM TERM MATURITY:	113 MONTHS

LOAN SELLERS:	STARWOOD (33.1%), BARCLAYS (23.0%), BANA (12.5%), LMF (11.8%), BARCLAYS/SGFC (9.9%), SGFC (9.6%)

TOP 5 PROPERTY TYPES:	OFFICE (36.4%), SELF STORAGE (15.8%), RETAIL (11.1%), HOTEL (10.7%), MULTIFAMILY (9.6%)

TOP 5 STATES:	NY (18.6%), CA (15.9%), NV (11.9%), FL (9.9%), TX (9.5%)

MASTER SERVICER:	MIDLAND LOAN SERVICES
SPECIAL SERVICER:	LNR PARTERS, LLC
OPERATING ADVISOR:	PENTALPHA SURVEILLANCE LLC
DIRECTING HOLDER:	LNR SECURITIES HOLDINGS, LLC
RISK RETENTION:	“L”
TRUSTEE:	WILMINGTON TRUST, NATIONAL ASSOCIATION
CERT. ADMIN.:	WELLS FARGO BANK, NATIONAL ASSOCIATION

The issuer has filed a registration statement (including a prospectus) with the u.s. Securities and exchange commission (sec) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents that 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 searching the sec online database (edgar) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. By calling 1-888-603-5847.