0001539497-15-000811.txt : 20150619 0001539497-15-000811.hdr.sgml : 20150619 20150619153730 ACCESSION NUMBER: 0001539497-15-000811 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150619 DATE AS OF CHANGE: 20150619 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Commercial Mortgage Trust 2015-C29 CENTRAL INDEX KEY: 0001643550 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: 333-195164-09 FILM NUMBER: 15942328 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 n483_x9.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-09
     

 

----- Original Message -----

From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)

To: MELISSA BAND (WELLS FARGO SECURITI)

At: Jun 19 2015 12:14:41

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C29 - PUBLIC NEW ISSUE **PRICING DETAILS** $1,092 MM FIXED-RATE CMBS OFFERING

 

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES

CO-MANAGERS: CITIGROUP, DEUTSCHE BANK SECURITIES

 

OFFERED CERTIFICATES - PUBLIC
CLASS FITCH/KBRA/MDY SIZE($MM) C/E WAL SPD CPN YLD $PRICE
A-1 AAAsf/AAA(sf)/Aaa(sf) 50.145 30.000% 2.59 38 1.4770 1.4592 99.9988
A-2 AAAsf/AAA(sf)/Aaa(sf) 30.508 30.000% 4.77 65 2.5520 2.3195 100.9996
A-3 AAAsf/AAA(sf)/Aaa(sf) 170.000 30.000% 9.74 93 3.3680 3.2551 100.9935
A-4 AAAsf/AAA(sf)/Aaa(sf) 476.065 30.000% 9.91 95 3.6370 3.2882 102.9962
A-SB AAAsf/AAA(sf)/Aaa(sf) 97.199 30.000% 7.29 85 3.4000 2.9393 102.9975
A-S AAAsf/AAA(sf)/Aa2(sf) 88.277 22.500% 9.97 132 4.0130 3.6631 102.9973
B AA-sf/AA-(sf)/NR 70.621 16.500% 9.97 150 4.1940 3.8431 102.9952
C A-sf/A-(sf)/NR 50.024 12.250% 9.97 230 4.2245 4.6431 97.3313
D BBB-sf/BBB-(sf)/NR 58.851 7.250% 9.97 385 4.2245 6.1931 86.2054

 

NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS FITCH/KBRA/MDY SIZE($MM) C/E WAL CUM LTV NOI DY
A-4FL AAAsf/AAA(sf)/Aaa(sf) 396.065 30.000% 9.91 45.1% 16.9%

 

COLLATERAL SUMMARY  
   
CUT-OFF DATE BALANCE: $1,177,025,122
NUMBER OF LOANS: 133
NUMBER OF PROPERTIES: 151
WA CUT-OFF LTV: 64.5%
WA BALLOON LTV: 55.5%
WA U/W NCF DSCR: 1.98x
WA U/W NOI DEBT YIELD: 11.8%
WA MORTGAGE RATE: 4.266%
TOP TEN LOANS %: 32.6%
WA REM TERM TO MATURITY (MOS): 118
WA REM AMORTIZATION TERM (MOS): 354
WA SEASONING (MOS): 1

 

LOAN SELLERS: WFB(49.2%), RMF(20.1%), SPREF(12.3%), WDCPF(9.6%), NCB(8.7%)
   
TOP 5 PROPERTY TYPES: MULTIFAMILY(28.8%), RETAIL(26.7%), OFFICE(25.1%), SELF STORAGE(6.8%), HOSPITALITY(4.9%)
   
TOP 5 STATES: NY(15.5%), TX(14.6%), FL(13.8%), VA(6.0%), CA(4.8%)
   
MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.
   
SPECIAL SERVICER: MIDLAND LOAN SERVICES AND NATIONAL COOPERATIVE BANK, N.A.
   
SUBORDINATE CLASS REP: AFFILIATE OF DOUBLELINE CAPITAL L.P.

 

DOCUMENTS & TIMING  
TERM SHEET, ANNEX A-1: ATTACHED
PRELIMINARY FWP: ATTACHED
PRESALE REPORTS: WED, 6/10 AND THUR, 6/11
ANTICIPATED PRICING: TODAY
ANTICIPATED SETTLEMENT: JUNE 26, 2015

 

ROADSHOW
HARTFORD, BREAKFAST: THURS, 6/11 @ 8:30AM ET, Max's Downtown
BOSTON, LUNCH: THURS, 6/11 @  12:00PM ET, THE LANGHAM
MINNEAPOLIS, BREAKFAST: THURS, 6/11 @7:30AM CT, GRAND HOTEL MINNEAPOLIS
NEW YORK 1x1's: WED, 6/10
CONFERENCE CALLS: UPON DEMAND
 
PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: WFCM2015C29
DIRECT LINK: http://www.netroadshow.com/nrs/wp/default.html?show=af564E

 

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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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 many 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/wfid3. In Japan, see:

https://www.wellsfargo.com/com/disclaimer/wfsjb4.