FWP 1 n545_x13.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 29 2015 14:23:44

 

WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-NXS3 - PUBLIC NEW ISSUE **IO 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($MM) ~PROCEEDS($MM) LAUNCH
X-A AAA(sf)/AAA(sf)/NR 626.146 46.39 +240

 

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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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.