0000905148-12-000776.txt : 20120319 0000905148-12-000776.hdr.sgml : 20120319 20120319170254 ACCESSION NUMBER: 0000905148-12-000776 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120319 DATE AS OF CHANGE: 20120319 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WFRBS Commercial Mortgage Trust 2012-C6 CENTRAL INDEX KEY: 0001542830 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-172366-02 FILM NUMBER: 12701244 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0000850779 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561643598 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FORMER COMPANY: FORMER CONFORMED NAME: WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 20020304 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19960520 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19951013 FWP 1 efc12-297_fwp.htm efc12-297_fwp.htm
FREE WRITING PROSPECTUS
Filed Pursuant to Rule 433
Registration File No. 333-172366-02
March 19, 2012
 
 
 
WFRBS COMMERCIAL MORTGAGE TRUST 2012-C6 - PUBLIC NEW ISSUE $790.88MM FIXED-RATE CMBS OFFERING CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES and RBS
CO-MANAGER: CITIGROUP

OFFERED CERTIFICATES - PUBLIC
CLASS
F/KBRA/MDY
SIZE($MM)
WAL(YRS)
Spread
Coupon
Yield
$Px
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
 57.427
  2.30
  40
 1.0810
 1.0654
99.9985
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
 136.818
  4.47
  75
    2.1910
 1.9450
100.9998
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
 67.832
  7.20
    110
   3.1430
 2.9884
100.9947
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
385.428
  9.45
   105
  3.4400
 3.3235
100.9955
A-S
AAA(sf)/AAA(sf)/Aaa(sf)
100.595
  9.82
   140
  3.8350
 3.7246
100.9939
B
AA(sf)/AA(sf)/Aa2(sf)
  42.781
   9.95
   225
  4.6970
 4.5927
 100.9975

NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS
F/KBRA/MDY
SIZE($MM)
WAL(YRS)
C/E
CUM LTV
NOI DY
C
A(sf)/A(sf)/A2(sf)
   31.219
   9.95
 11.125%
 53.0%
 14.0%
D
BBB-(sf)/BBB-(sf)/Baa3(sf)
 47.407
  9.96
 6.000%
 56.1%
 13.2%

COLLATERAL SUMMARY

CUT-OFF DATE BALANCE:
$925.0MM
NUMBER OF LOANS:
89
NUMBER OF PROPERTIES:
152
WA CUT-OFF LTV:
61.1%
WA BALLOON LTV:
51.2%
WA U/W DSCR:
1.58x
WA U/W NOI DEBT YIELD:
12.4%
WA MORTGAGE RATE:
5.598%
TOP TEN LOANS %:
37.5%
WA TERM TO MATURITY (MOS):
106
WA AMORTIZATION TERM (MOS):
329
WA SEASONING (MOS):
5

LOAN SELLERS: WFB (54.7%), RBS (22.7%), LIG I (9.2%), C-III (8.0%), BASIS (5.3%)

TOP 5 PROPERTY TYPES: RETAIL (34.7%), HOSPITALITY (19.8%), OFFICE (14.0%), SELF STORAGE (10.8%), MHC (7.5%)

TOP 5 STATES:  CA (29.2%), TX (12.5%), FL (9.8%), MD (9.3%), AZ (5.5%)

MASTER SERVICER:
WELLS FARGO BANK
SPECIAL SERVICER:
MIDLAND LOAN SERVICES
SUBORDINATE CLASS REP:
RREF CMBS AIV, LP (RIALTO REAL ESTATE FUND, LP)
   
   
ANTICIPATED SETTLEMENT:
APRIL 4, 2012
 
 
Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-172366) 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 SEC 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 Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

Nothing in this communication constitutes an offer of securities for sale in any other jurisdiction where the offer or sale is not permitted.  The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.  These materials are subject to change, completion, supplement or amendment from time to time.
 

This information is prepared for informational purposes only and further distribution is prohibited. Not an offer, recommendation or solicitation to buy or sell, nor an official confirmation of terms. Prices, levels and valuations provided are only indications and subject to change. Wells Fargo Securities does not guarantee the accuracy and makes no express or implied warranties. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Bank, N.A. and Wells Fargo Securities, LLC, member NYSE, FINRA, SIPC, and NFA and Wells Fargo Institutional Securities, LLC member FINRA and SIPC.

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