0001539497-21-000033.txt : 20210125 0001539497-21-000033.hdr.sgml : 20210125 20210125141323 ACCESSION NUMBER: 0001539497-21-000033 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210125 DATE AS OF CHANGE: 20210125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BANK 2021-BNK31 CENTRAL INDEX KEY: 0001840121 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-226486-18 FILM NUMBER: 21549265 BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC CENTRAL INDEX KEY: 0000850779 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 561643598 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 BUSINESS PHONE: 7043832556 MAIL ADDRESS: STREET 1: 301 SOUTH COLLEGE STREET CITY: CHARLOTTE STATE: NC ZIP: 28228-0166 FORMER COMPANY: FORMER CONFORMED NAME: WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 20020304 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19960520 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION MORTGAGE SECURITIES INC DATE OF NAME CHANGE: 19951013 FWP 1 n2404_newissue-x7.htm FREE WRITING PROSPECTUS

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-226486-18

From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI) At: 01/25/21 11:00:51

To: [REDACTED]

Subject: NEW ISSUE CMBS: BANK 2021-BNK31 *IPTs*

BANK 2021-BNK31 *IPTs*

CO-LEAD MANAGERS
& JOINT BOOKRUNNERS:	WELLS FARGO SECURITIES, LLC INC.
	BOFA SECURITIES,
	MORGAN STANLEY & CO. LLC

CO-MANAGER:	ACADEMY SECURITIES, INC.
	DREXEL HAMILTON, LLC

OFFERED CERTIFICATES

CLASS	Fitch/KBRA/S&P	SIZE($MM)	C/E	WAL	IPTs
A-1	AAAsf/AAA(sf)/AAA(sf)	24.155	30.000%	2.78	IS+22A
A-SB	AAAsf/AAA(sf)/AAA(sf)	27.859	30.000%	7.09	IS+53A
A-3	AAAsf/AAA(sf)/AAA(sf)	270.000	30.000%	9.60	LCF-2bps
A-4	AAAsf/AAA(sf)/AAA(sf)	279.934	30.000%	9.89	IS+63A
A-S	AAAsf/AAA(sf)/AAA(sf)	94.592	19.000%	9.93	IS+83
A B	AA-sf/AA-(sf)/AA-(sf)	37.622	14.625%	9.93	IS+105A
C	A-sf/A-(sf)/NR	34.397	10.625%	9.93	IS+145A
D	BBBsf/BBB(sf)/NR	21.499	8.125%	9.93	IS+230A
E	BBB-sf/BBB-(sf)/NR	16.123	6.250%	9.96	IS+310A

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. 333-226486) 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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