0001539497-13-000376.txt : 20130513 0001539497-13-000376.hdr.sgml : 20130513 20130513170741 ACCESSION NUMBER: 0001539497-13-000376 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130513 DATE AS OF CHANGE: 20130513 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WFRBS Commercial Mortgage Trust 2013-C14 CENTRAL INDEX KEY: 0001576047 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: 333-172366-07 FILM NUMBER: 13838221 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 n213-fwpx5.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-172366-07
     
 
 
From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)
At: May 13 2013 13:28:44
 
WFRBS COMMERCIAL MORTGAGE TRUST 2013-C14 - PUBLIC NEW ISSUE
**ANNOUNCEMENT** $1,203.199MM FIXED-RATE CMBS OFFERING
 
CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES AND RBS
CO-MANAGER: DEUTSCHE BANK SECURITIES
 
OFFERED CERTIFICATES - PUBLIC
CLASS
F/KBRA/MDY
$SIZE(MM)
 WAL
 C/E
CUM LTV
 NOI DY
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
61.588
  
2.86
 30.000%
45.5%
15.2%
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
48.158
  
4.98
 30.000%
45.5%
15.2%
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
110.000
  
7.94
 30.000%
45.5%
15.2%
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
160.000
  
9.94
 30.000%
45.5%
15.2%
A-5
AAA(sf)/AAA(sf)/Aaa(sf)
442.741
  
9.94
 30.000%
45.5%
15.2%
A-SB
AAA(sf)/AAA(sf)/Aaa(sf)
116.194
  
7.45
 30.000%
45.5%
15.2%
A-S
AAA(sf)/AAA(sf)/Aaa(sf)
108.379
  
9.94
 22.625%
50.3%
13.7%
B
AA-(sf)/AA-(sf)/Aa3(sf)
102.868
  
9.94
 15.625%
54.9%
12.6%
C
A-(sf)/A-(sf)/A3(sf)
 53.271
  
9.94
 12.000%
57.2%
12.1%
PEX
A-(sf)/A-(sf)/A3(sf)
264.518
  
9.94
 12.000%
57.2%
12.1%
X-A
AAA(sf)/AAA(sf)/Aaa(sf)
1,137.060
  
N/A
 N/A
N/A
N/A
X-B
A-(sf)/AAA(sf)/A3(sf)
156.139
  
N/A
 N/A
N/A
N/A

 
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS
F/KBRA/MDY
$SIZE(MM)
 WAL
 C/E
CUM LTV
 NOI DY
A4-FL
AAA(sf)/AAA(sf)/Aaa(sf)
90.000
 9.94
30.000%
45.5%
15.2%
D
BBB-(sf)/BBB-(sf)/NR
77.151
10.01
  6.750%
60.7%
11.4%

COLLATERAL SUMMARY
 
CUT-OFF DATE BALANCE:
$1,469,544,239
NUMBER OF LOANS:
73
NUMBER OF PROPERTIES:
99
WA CUT-OFF LTV:
65.8%
WA BALLOON LTV:
58.0%
WA U/W DSCR:
1.95x
WA U/W NOI DEBT YIELD:
10.6%
WA MORTGAGE RATE:
4.037%
TOP TEN LOANS %:
60.8%
WA TERM TO MATURITY (MOS):
115
WA AMORTIZATION TERM (MOS):  
349
WA SEASONING (MOS):
1
 
LOAN SELLERS:
WFB (44.3%), RBS (36.8%), LIG I (7.5%),
 
BASIS (6.5%), C-III (4.9%)
 
TOP 5 PROPERTY TYPES:  
RETAIL (35.6%), OFFICE (27.7%),
 
MHC (16.9%), HOSPITALITY (12.8%),
 
MULTIFAMILY (2.8%)
 
TOP 5 STATES:
GA(13.7%), CA(13.3%), FL(12.9%), NC(8.5%), MD(8.3%)
 
MASTER SERVICER:
WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER:
RIALTO CAPITAL ADVISORS, LLC
SUBORDINATE CLASS REP:
RIALTO REAL ESTATE FUND, LP

DOCUMENTS & TIMING
TERM SHEET, ANNEX A:
ATTACHED
PRELIMINARY FWP:
MAY 14
PRESALE REPORTS:
MID-WEEK OF 5/13
ANTICIPATED PRICING:
END OF WEEK 5/13
ANTICIPATED SETTLEMENT:  
JUNE 6, 2013
 
ROADSHOW
  NEW YORK 1x1's:
TUES, 5/14
  CONFERENCE CALLS:
UPON DEMAND
   
  MINNEAPOLIS, BREAKFAST:
TUES, 5/14 @ 8:00AM CST, GRAND HOTEL MINNEAPOLIS
  HARTFORD, BREAKFAST:
WED, 5/15 @ 8:30AM EST, MAX'S DOWNTOWN
  BOSTON, LUNCH:
WED, 5/15 @ 12:00PM EST, LANGHAM

 
GLOBAL INVESTOR CALL
  DATE:
TUES, 5/14
  TIME:
2:00PM EST
  US DIAL-IN:
(866) 490-4006
  INTERNATIONL DIAL-IN:
(706) 758-3444
  CONFERENCE ID:
71550339

 
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. 333-172366-07) 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.
 
------------------------------------------------------------------------------
If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you may obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov. If this communication relates to a securities offering exempt from US registration, you should contact your sales representative for the complete disclosure package. For information regarding Wells Fargo, see https://www.wellsfargo.com/com/disclaimer/wfid2. In Japan, see: https://www.wellsfargo.com/com/disclaimer/wfsjb3.
 
This email is subject to a disclaimer, please click on the following link or cut and paste the link into the address bar of your browser.
 
https://www.wellsfargo.com/com/disclaimer/ged5