0001539497-16-002918.txt : 20160511 0001539497-16-002918.hdr.sgml : 20160511 20160511170852 ACCESSION NUMBER: 0001539497-16-002918 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 0001654060 FILED AS OF DATE: 20160511 DATE AS OF CHANGE: 20160511 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CSAIL 2016-C6 Commercial Mortgage Trust CENTRAL INDEX KEY: 0001672609 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: 333-207361-02 FILM NUMBER: 161640695 BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-538-1807 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Credit Suisse Commercial Mortgage Securities Corp. CENTRAL INDEX KEY: 0001654060 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 475115713 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 212-538-1807 MAIL ADDRESS: STREET 1: ELEVEN MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10010 FWP 1 n642_fwp-x5.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207361-02
     

 

 

Sent: Wednesday, May 11, 2016 3:10 PM

Subject: *NEW ISSUE CMBS* $662.900mm CSAIL 2016-C6 **PUBLIC**

 

CSAIL COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2016-C6

 

SOLE BOOKRUNNERS : Credit Suisse

Co-Manager : Academy Securities

 

  RATINGS SIZE WAL     UW NOI  
 CLS M/F/MS $MM YRS P.WIN C/E% LTV% D/Y%
A1 Aaa/AAA/AAA 17.021 2.54 1-50 30.000 41.1 16.8
 A2 Aaa/AAA/AAA 67.689 4.59 50-58 30.000 41.1 16.8
 A3 Aaa/AAA/AAA 92.701 6.48 78-80 30.000 41.1 16.8 *PLACED*
 A4 Aaa/AAA/AAA 128.500 9.51 112-116 30.000 41.1 16.8 *PLACED*
A5 Aaa/AAA/AAA 198.130 9.69 116-118 30.000 41.1 16.8
 ASB Aaa/AAA/AAA 33.186 7.18 58-112 30.000 41.1 16.8
 AS Aa2/AAA/AAA 57.560 9.81 118-119 22.500 45.5 15.2
 B NR/AA-/AA- 34.536 9.89 119-119 18.000 48.2 14.3
 C NR/A-/A- 33.577 9.89 119-119 13.625 50.7 13.6

 

* Expected Settle: 05/26/2016 * Format: SEC-Registered
* First Pay Date: 06/17/2016 * Min Denoms : $10k by $1
* Expected Ratings: M/F/MS * ERISA: Yes
* Ticker: CSAIL 2016-C6 * Timing: Early Next Week

 

THIRD PARTY PASSWORDS

Bloomberg CSAIL 2016-C6 2016CSAIL6
Intex CSI16C06 2otv18btvvv702ok
Trepp CSAIL 2016-C6 2016CSAIL6

 

SPONSORS AND LOAN SELLERS  
Column Financial 45.4%
Benefit Street Partners 19.9%
Bank of New York Mellon    15.9%
MC-Five Mile 13.6%
Bancorp Bank 5.1%
   
Master Servicer : KeyBank National Association
Special Servicer: Torchlight Loan Services
   
CS SYNDICATE  
Craig Leonard 212-325-8549
Roger Tedesco 212-325-8549
Colin Harrington 212-325-8549  
   
CS CMBS BANKING  
Matt Masso 212-325-4469
Chuck Lee 212-538-1807
Michael Brunner 212-325-0230
Kevin Quinn 212-538-4612
   
CS CMBS TRADING  
Ted Moran 212-325-4240
Will Goldsmith 212-325-4240
Brad Marvin 212-325-4240

 

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Investors are urged to read the final prospectus relating to these securities because it contains important information regarding the offering that is not included herein. The issuer, any underwriter or any dealer participating in the offering will arrange to send you the final prospectus if you request it by calling toll-free 1-800-211-1037.

 

The asset-backed securities referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of securities may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis. You understand that, when you are considering the purchase of these securities, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have confirmed the allocation of securities to be made to you; any "indications of interest" expressed by you, and any "soft circles"

generated by us, will not create binding contractual obligations for you or us.

 

Because the asset-backed securities are being offered on a "when, as and if issued" basis, any such contract will terminate, by its terms, without any further obligation or liability between us, if the securities themselves, or the particular class to which the contract relates, are not issued. Because the asset-backed securities are subject to modification or revision, any such contract also is conditioned upon the understanding that no material change will occur with respect to the relevant class of securities prior to the closing date. If a material change does occur with respect to such class, our contract will terminate, by its terms, without any further obligation or liability between us (the "Automatic Termination"). If an Automatic Termination occurs, we will provide you with revised offering materials reflecting the material change and give you an opportunity to purchase such class. To indicate your interest in purchasing the class, you must communicate to us your desire to do so within such timeframe as may be designated in connection with your receipt of the revised offering materials.

 

The information contained in these materials may be based on assumptions regarding market conditions and other matters as reflected herein. Credit Suisse Securities (USA) LLC and the other underwriters make no representation regarding the reasonableness of such assumptions or the likelihood that any such assumptions will coincide with actual market conditions or events, and these materials should not be relied upon for such purposes. The underwriters and their respective affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of these materials, may, from time to time, have long or short positions in, and buy and sell, the securities mentioned herein or derivatives thereof (including options). Credit Suisse Securities (USA) LLC and the other underwriters may have an investment or commercial banking relationship with the issuer.

 

Information in these materials is current as of the date appearing on the material only. This free writing prospectus is not required to contain all information that is required to be included in the prospectus. The information in this free writing prospectus is preliminary and subject to change.

Information in these materials regarding any securities discussed herein supersedes all prior information regarding such securities. These materials are not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities.

 

The issuer has filed a registration statement (including a prospectus) with the SEC (registration statement file no. 333-207361) 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 1-800-211-1037. The securities may not be suitable for all investors.

 

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

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