| | FREE WRITING PROSPECTUS |
| | FILED PURSUANT TO RULE 433 |
| | REGISTRATION FILE NO.: 333-171508-05 |
| | |
_____________________________________________
Sent: Thursday, January 17, 2013 10:14 AM
Subject: GSMS 2013-GC10 -- New Issue Announcement (Public)(external)
GSMS 2013-GC10 -- New Issue Announcement (Public)(external)
$656.352mm Fixed Rate CMBS Offering
Co-Lead Managers and Joint Bookrunners: Goldman, Sachs & Co. and Citigroup Global Markets Inc.
Class | S&P/Fitch/DBRS | Size($mm) | WAL(yr) | C/E | Cum LTV | U/W NOI Debt Yld |
A-1 | AAA(sf)/AAA(sf)/AAA(sf) | 53.438 | 2.49 | 30.000% | 42.8% | 15.7% |
A-2 | AAA(sf)/AAA(sf)/AAA(sf) | 35.275 | 4.76 | 30.000% | 42.8% | 15.7% |
A-3 | AAA(sf)/AAA(sf)/AAA(sf) | 21.000 | 6.93 | 30.000% | 42.8% | 15.7% |
A-4 | AAA(sf)/AAA(sf)/AAA(sf) | 110.000 | 9.81 | 30.000% | 42.8% | 15.7% |
A-5 | AAA(sf)/AAA(sf)/AAA(sf) | 300.475 | 9.89 | 30.000% | 42.8% | 15.7% |
A-AB | AAA(sf)/AAA(sf)/AAA(sf) | 81.379 | 7.41 | 30.000% | 42.8% | 15.7% |
A-S | AAA(sf)/AAA(sf)/AAA(sf) | 54.785 | 9.93 | 23.625% | 46.7% | 14.4% |
X-A | AAA(sf)/AAA(sf)/AAA(sf) | 656.352 | N/A | N/A | N/A | N/A |
Collateral Summary | |
Initial Pool Balance: | $859.382mm |
Number of Mortgage Loans: | 61 |
Number of Mortgaged Properties: | 93 |
Average Cut-off Date Mortgage Loan Balance: | $14.088mm |
Weighted Average Mortgage Interest Rate: | 4.4485% |
Weighted Average Remaining Term to Maturity (months): | 115 |
Weighted Average Remaining Amortization Term (months): | 349 |
Weighted Average Cut-off Date LTV Ratio: | 63.2% |
Weighted Average Maturity Date LTV Ratio: | 50.2% |
Weighted Average Underwritten Debt Service Coverage Ratio: | 1.68x |
% of Mortgage Loans with Additional Debt: | 8.4% |
% of Mortgaged Properties with Single Tenants: | 3.7% |
Property Type: | 32.0% Retail, 30.5% Mixed Use, 13.7% Office, |
| 10.1% Multifamily, 7.1% Hospitality, 3.3% Self Storage, |
| 3.2% Manufactured Housing |
Top 5 States: 15.3% NY, 12.8% MD, 10.4% CA, 8.9% TX, 7.6% FL
Anticipated Timing | |
Global Investor Call: | Thu, Jan 17th |
Investor Roadshow: | Fri, Jan 18th |
Anticipated Pricing: | Week of Jan 21st |
Anticipated Closing: | Thu, Feb 7th |
Global Investor Call Details | |
Date: | Thu, Jan 17th |
Time: | 1pm ET |
US Toll Free: | 800-500-6404 |
Passcode: | 4204290 |
Investor Roadshow Details
Team I
Fri, Jan 18th Boston/Hartford
Jan 18th Boston Breakfast: Boston Harbor Hotel, 70 Rowes Wharf, John Adams Salon, 8:15am ET
Jan 18th Hartford Lunch: Hartford Hilton, 315 Trumbull St, Connecticut Salon B, 1pm ET
Team II
Fri, Jan 18th Minneapolis
Jan 18th Minneapolis Breakfast: Marquette Hotel, 710 Marquette Ave, Lake Huron Room, 9:30am CT
Free Writing Prospectus
Termsheet
Annex A
Attached for your information is a copy of the offering materials, dated January 17, 2013 relating to this offering.
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-171508) for the offering to which this communication relates. Before you invest, you should read the prospectus in that 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 if you request it by calling toll-free 1-866-471-2526 or by email to prospectus-ny@gs.com .
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED (OTHER THAN ANY STATEMENT RELATING TO THE IDENTITY OF THE LEGAL ENTITY AUTHORIZING OR SENDING THIS COMMUNICATION IN A NON-US JURISDICTION). SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.
________________________________
This e-mail may contain information that is confidential, privileged or otherwise protected from disclosure. If you are not an intended recipient of this e-mail, do not duplicate or redistribute it by any means. Please delete it and any attachments and notify the sender that you have received it in error. Unintended recipients are prohibited from taking action on the basis of information in this e-mail.
E-mail messages may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with without the knowledge of the sender or the intended recipient. If you are not comfortable with the risks associated with e-mail messages, you may decide not to use e-mail to communicate with Goldman Sachs.
Goldman Sachs reserves the right, to the extent and under circumstances permitted by applicable law, to retain, monitor and intercept e-mail messages to and from its systems. See the http://www.gs.com/disclaimer/afg/ for important information regarding this message and your reliance on information contained in it.
******************************************************************