FWP 1 n545_x9.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-14
     

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

At: Sep 25 2015 11:05:01

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS3 - PUBLIC NEW ISSUE

**LAUNCH** $712.7 MM FIXED-RATE CMBS OFFERING

 

LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES, LLC

CO-MANAGERS: DEUTSCHE BANK SECURITIES INC. AND NATIXIS SECURITIES AMERICAS LLC

 

OFFERED CERTIFICATES - PUBLIC
CLASS DBRS/KBRA/MDYS SIZE($MM) C/E WAL LAUNCH  
A-1 AAA(sf)/AAA(sf)/Aaa(sf) 25.362 30.000% 2.55 +55  
A-2 AAA(sf)/AAA(sf)/Aaa(sf) 160.171   30.000% 4.83 +73  
A-3 AAA(sf)/AAA(sf)/Aaa(sf) 130.000   30.000% 9.81 +113  
A-4 AAA(sf)/AAA(sf)/Aaa(sf) 206.848   30.000% 9.88 +115  
A-SB AAA(sf)/AAA(sf)/Aaa(sf) 47.768 30.000% 7.38 +105  
A-S AAA(sf)/AAA(sf)/Aa2(sf) 55.997 23.125% 9.92 +150  
B AA(low)(sf)/AA-(sf)/NR 43.780 17.750% 9.92 +210  
C A(low)(sf)/A-(sf)/NR 42.761 12.500% 9.92 +300  
             
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS DBRS/KBRA/MDYS SIZE($MM) C/E WAL CUM LTV NOI DY
D BBB(low)(sf)/BBB-(sf)/NR 40.725 7.500% 9.92 54.2% 13.3%
             

COLLATERAL SUMMARY  
   
CUT-OFF DATE BALANCE: $814,499,765
NUMBER OF LOANS: 56
NUMBER OF PROPERTIES: 59
WA CUT-OFF LTV: 58.6%
WA BALLOON LTV: 52.8%
WA U/W NCF DSCR: 2.13x
WA U/W NOI DEBT YIELD: 12.3%
WA MORTGAGE RATE: 4.506%
TOP TEN LOANS %: 59.6%
WA REM TERM TO MATURITY (MOS): 107
WA REM AMORTIZATION TERM (MOS): 358
WA SEASONING (MOS): 2

 

LOAN SELLERS: NXS(47.6%), WFB(35.0%), SPREF(13.0%), NCB(4.4%)

 

TOP 3 PROPERTY TYPES: RETAIL (28.4%), OFFICE (23.9%), HOSPITALITY (19.7%)

 

TOP 5 STATES: CA(43.5%), NY(23.5%), TX(9.3%), TN(6.1%), FL(4.7%)

 

MASTER SERVICERS: WELLS FARGO BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.

 

SPECIAL SERVICERS: LNR PARTNERS, LLC, MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION AND NATIONAL COOPERATIVE BANK, N.A.

 

SUBORDINATE CLASS REP: LNR SECURITIES HOLDINGS, LLC OR AN AFFILIATE

 

DOCUMENTS & TIMING

TERM SHEET, ANNEX A-1: ATTACHED
PRELIMINARY FWP: ATTACHED
PRESALE REPORTS: MON, 9/21 AND TUES, 9/22
ANTICIPATED PRICING: TODAY
ANTICIPATED SETTLEMENT: OCTOBER 13, 2015

 

ROADSHOW

HARTFORD, BREAKFAST: MON, 9/21 @ 8:30AM ET, MAX'S DOWNTOWN
BOSTON, LUNCH: MON, 9/21 @ 12:00PM ET, BOSTON HARBOR HOTEL
MINNEAPOLIS, BREAKFAST: TUES, 9/22 @ 7:30AM CT, THE GRAND HOTEL
NEW YORK 1x1's: TUES, 9/22
CONFERENCE CALLS: UPON DEMAND
   

 

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=5791bE

REVIEW CODE: WFC2015 (not case-sensitive)

 

 

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