FWP 1 n537_x12.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-13
     

 

 

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

At: Sep 16 2015 13:24:41

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-LC22 - PUBLIC NEW ISSUE

**LAUNCH** $887.8 MM FIXED-RATE CMBS OFFERING

 

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES, LLC

 

CO-MANAGERS: DEUTSCHE BANK SECURITIES INC. AND MORGAN STANLEY & CO. LLC

 

OFFERED CERTIFICATES - PUBLIC

CLASS FITCH/MDY/MSTAR SIZE($MM) PROCEEDS($MM) LAUNCH
X-A AAAsf/NR/AAA 744.477 ~47.8 +225

 

COLLATERAL SUMMARY  
   
CUT-OFF DATE BALANCE: $963,724,520
NUMBER OF LOANS: 100
NUMBER OF PROPERTIES: 106
WA CUT-OFF LTV: 61.7%
WA BALLOON LTV: 53.7%
WA U/W NCF DSCR: 2.07x
WA U/W NOI DEBT YIELD: 13.4%
WA MORTGAGE RATE: 4.555%
TOP TEN LOANS %: 45.1%
WA REM TERM TO MATURITY (MOS): 118
WA REM AMORTIZATION TERM (MOS):    345
WA SEASONING (MOS): 1

 

LOAN SELLERS: LCF(43.0%), RMF(32.8%), WFB(19.6%), NCB(4.6%)
   
TOP 3 PROPERTY TYPES: MULTIFAMILY(29.2%), OFFICE(22.4%), RETAIL(21.2%)
   
TOP 5 STATES: NY(17.5%), NJ(12.5%), MI(10.7%), CA(10.7%), FL(7.4%)
   
MASTER SERVICERS: WELLS FARGO BANK, NATIONAL ASSOCIATION AND NATIONAL
  COOPERATIVE BANK, N.A.
   
SPECIAL SERVICERS: RIALTO CAPITAL ADVISORS, LLC AND NATIONAL COOPERATIVE
  BANK, N.A.
   
SUBORDINATE CLASS REP:    RIALTO CMBS VI,LLC or another affiliate of Rialto
  Capital Advisors, LLC

 

 

DOCUMENTS & TIMING  
TERM SHEET, ANNEX A-1: ATTACHED
PRELIMINARY FWP: ATTACHED
ANTICIPATED PRICING: TBD
ANTICIPATED SETTLEMENT:    SEPTEMBER 29, 2015
   
ROADSHOW  
HARTFORD, BREAKFAST: WED, 9/9 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON, LUNCH: WED, 9/9 @ 12:00PM ET,  THE LANGHAM
MINNEAPOLIS, BREAKFAST: THUR, 9/10 @ 7:30AM CT, THE GRAND HOTEL
NEW YORK 1x1's: THUR, 9/10
CONFERENCE CALLS: UPON DEMAND

 

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: WFCMLC22 (not case-sensitive) FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=500dCE

 

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.