FWP 1 n438_fwpx7.htm FREE WRITING PROSPECTUS Unassociated Document
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-195164-05    
     
 
From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI)
Subject: Fwd:NEW ISSUE CMBS: WFCM 2015-C27 *PUBLIC GUIDANCE*
 
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C27 - PUBLIC NEW ISSUE
**GUIDANCE** $927.327 MM FIXED-RATE CMBS OFFERING
 
LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES
CO-MANAGER: BARCLAYS CAPITAL
 
OFFERED CERTIFICATES - PUBLIC
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
*GUIDANCE*
A-1
AAA(sf)/AAA(sf)/Aaa(sf)
50.239
30.000%
2.99
42A
A-2
AAA(sf)/AAA(sf)/Aaa(sf)
7.934
30.000%
4.93
pre-placed
A-3
AAA(sf)/AAA(sf)/Aaa(sf)
36.418
30.000%
6.92
pre-placed
A-4
AAA(sf)/AAA(sf)/Aaa(sf)
240.000
30.000%
9.78
  
A-5
AAA(sf)/AAA(sf)/Aaa(sf)
309.207
30.000%
9.92
87A
A-SB
AAA(sf)/AAA(sf)/Aaa(sf)
89.627
30.000%
7.40
77A
A-S
AAA(sf)/AAA(sf)/Aa2(sf)
79.897
22.375%
9.98
125A
B
AA(sf)/AA(sf)/A1(sf)
45.842
18.000%
10.01
155A
C
A(low)(sf)/A-(sf)/NR
68.109
11.500%
10.01
220A
           
 
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS
DBRS/KBRA/MDY
SIZE($MM)
C/E
WAL
CUM LTV
NOI DY
D
BBB(low)(sf)/BBB-(sf)/NR
44.533
7.250%
10.01
62.4%
11.3%

COLLATERAL SUMMARY

CUT-OFF DATE BALANCE: $1,047,828,035
NUMBER OF LOANS: 95
NUMBER OF PROPERTIES: 124
WA CUT-OFF LTV: 67.3%
WA BALLOON LTV: 57.8%
WA U/W NCF DSCR: 1.67x
WA U/W NOI DEBT YIELD: 10.5%
WA MORTGAGE RATE: 4.321%
TOP TEN LOANS %: 37.0%
WA TERM TO MATURITY (MOS): 118
WA AMORTIZATION TERM (MOS): 355
WA SEASONING (MOS): 0

LOAN SELLERS: WFB (37.0%), RMF (27.9%), PCC (14.6%),
LIG I (11.3%), C-III (8.1%), BASIS (1.2%)

TOP 5 PROPERTY TYPES: RETAIL (23.6%), HOSPITALITY (21.6%),
OFFICE (20.2%),SELF STORAGE (14.7%),
MULTIFAMILY (12.0%)

TOP 5 STATES: CA (16.6%), FL (13.0%), NC (9.0%),
OH (8.5%), NM (4.6%)

MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION
SPECIAL SERVICER: RIALTO CAPITAL ADVISORS, LLC
SUBORDINATE CLASS REP: RIALTO CMBS V, LLC or another affiliate of
RIALTO CAPITAL ADVISORS, LLC

DOCUMENTS & TIMING
TERM SHEET, ANNEX A-1, ATTACHED
PRELIMINARY FWP: ATTACHED
PRESALE REPORTS: WED, 2/25 - THURS, 2/26
ANTICIPATED PRICING: EARLY WEEK OF 3/2
ANTICIPATED SETTLEMENT: MARCH 12, 2015

ROADSHOW
NEW YORK 1x1's: WED, 2/25
HARTFORD, BREAKFAST: THURS, 2/26 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON, LUNCH: THURS, 2/26 @ 12:00PM ET, THE LANGHAM
MINNEAPOLIS, BREAKFAST: THURS, 2/26 @ 7:30AM CT, GRAND HOTEL MINNEAPOLIS
CONFERENCE CALLS: UPON DEMAND

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: WFCM15C27 (not case-sensitive) DIRECT LINK: http: http://www.netroadshow.com/nrs/wp/default.html?show=6baCdA



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. 333-195164) 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.



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