FWP 1 n495_fwpx17.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-10
     

 

 

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

At: Jun 30 2015 12:56:07

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS2 - PUBLIC NEW ISSUE

$841.2 MM FIXED-RATE CMBS OFFERING *Pricing Details*

 

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES, LLC

CO-MANAGERS: DREXEL HAMILTON, LLC AND NATIXIS SECURITIES AMERICAS LLC

 

 

OFFERED CERTIFICATES - PUBLIC

CLASS DBRS/KBRA/MDY SIZE($MM) C/E WAL SPD CPN YLD $PRICE
A-1 AAA(sf)/AAA(sf)/Aaa(sf) 27.412 30.000% 2.44 +38 1.4350 1.4159    99.9996
A-2 AAA(sf)/AAA(sf)/Aaa(sf) 161.100   30.000% 4.34 +68 3.0200 2.2759 102.9981
A-3 AAA(sf)/AAA(sf)/Aaa(sf) 7.800 30.000% 6.84 +100 3.2470 3.0840 100.9986
A-4 AAA(sf)/AAA(sf)/Aaa(sf) 150.000   30.000% 9.63 +99 3.4980 3.3838 100.9959
A-5 AAA(sf)/AAA(sf)/Aaa(sf) 240.335   30.000% 9.89 +100 3.7670 3.4167 102.9947
A-SB AAA(sf)/AAA(sf)/Aaa(sf) 53.406 30.000% 7.17 +86 3.4610 2.9922 102.9986
A-S AAA(sf)/AAA(sf)/Aa2(sf) 51.432 24.375% 9.92 +135 4.1210 3.7694 102.9918
B AA(low)(sf)/AA-(sf)/NR 73.149 16.375% 9.95 +180 4.3940 4.2220 101.5888
C A(low)(sf)/A-(sf)/NR 36.575 12.375% 10.00   +260 4.3940 5.0267    95.3114
D BBB(low)(sf)/BBB-(sf)/NR 40.003 8.000% 10.00   +425 4.3940 6.6767    83.8272

 

 

COLLATERAL SUMMARY

 

CUT-OFF DATE BALANCE: $914,361,541
NUMBER OF LOANS: 63
NUMBER OF PROPERTIES: 77
WA CUT-OFF LTV: 66.4%
WA BALLOON LTV: 59.6%
WA U/W NCF DSCR: 1.68x
WA U/W NOI DEBT YIELD: 9.5%
WA MORTGAGE RATE: 4.279%
TOP TEN LOANS %: 48.2%
WA REM TERM TO MATURITY (MOS): 107
WA REM AMORTIZATION TERM (MOS):   357
WA SEASONING (MOS): 3
   
LOAN SELLERS: NATIXIS(55.1%), WFB(32.1%), SPREF(12.8%)
   
TOP 5 PROPERTY TYPES: OFFICE (29.2%), HOSPITALITY (18.8%),RETAIL (17.3%), SELF STORAGE (11.2%), MIXED USE (9.1%)
   
TOP 5 STATES: CA(22.2%), NY(10.0%), VA(9.8%), WA(7.1%), PA(6.4%)
   
MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION
   
   
SPECIAL SERVICER: RIALTO CAPITAL ADVISORS, LLC
   
SUBORDINATE CLASS REP: RREF II CMBS AIV, LP, AN AFFILIATE OF RIALTO CAPITAL ADVISORS, LLC
 TIMING:  
 ANTICIPATED PRICING: PRICED
 ANTICIPATED SETTLEMENT: JULY 14, 2015

  

 

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.