FWP 1 n1004_x15.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-17
     

 

 

WFCM 2017-C39 - PUBLIC NEW ISSUE

**IO PRICING DETAILS** $996.894 MM FIXED-RATE CMBS OFFERING

 

CO-LEAD MANAGERS & JOINT BOOKRUNNERS:   WELLS FARGO SECURITIES, LLC
  BARCLAYS CAPITAL INC.
   
CO-MANAGERS: CITIGROUP GLOBAL MARKETS INC.
  NATIXIS SECURITIES AMERICAS LLC

 

 

OFFERED CERTIFICATES - PUBLIC

CLASS FITCH/KBRA/MDYS SIZE($MM) PROCEEDS($MM) SPD YLD% CPN% $PRICE
X-A AAA(sf)/AAA(sf)/Aaa(sf) 792.984 ~68.1 T+130 3.4073 1.2936 8.5981

 

COLLATERAL SUMMARY

 

INITIAL POOL BALANCE: $1,132,834,836
NUMBER OF LOANS: 64
NUMBER OF PROPERTIES: 149
WA CUT-OFF LTV: 58.8%
WA BALLOON LTV: 54.2%
WA U/W NCF DSCR: 2.15x
WA U/W NOI DEBT YIELD: 11.2%
WA MORTGAGE RATE: 4.372%
TOP TEN LOANS %: 45.2%
WA REM TERM TO MATURITY (MOS): 114
WA REM AMORTIZATION TERM (MOS):    353
WA SEASONING (MOS): 2
   
LOAN SELLERS: WFB(29.4%), BARCLAYS(26.6%), AREF(23.8%),
  NATIXIS(13.6%), BASIS(6.6%)
   
TOP 3 PROPERTY TYPES: OFFICE(36.2%), RETAIL(30.1%),
  HOSPITALITY(16.4%)
   
TOP 5 STATES: NY(21.6%), NJ(12.2%), IL(9.1%),
  MD(7.5%), CA(7.3%)
   
MASTER SERVICER: WELLS FARGO BANK, NATIONAL ASSOCIATION
   
SPECIAL SERVICER: LNR PARTNERS, LLC
   
DIRECTING CERTIFICATEHOLDER: B-PIECE HOLDINGS CAYMAN LIMITED OR AN AFFILIATE
   
DOCUMENTS & TIMING  
TERM SHEET, ANNEX A-1: ATTACHED
ANTICIPATED SETTLEMENT: AUGUST 22, 2017

 

PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM REVIEW CODE: C39WFCM2017

FINAL LINK: www.netroadshow.com/nrs/wp/default.html?show=B17fEb

 

 

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. 333-206677) 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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