Banc of America Merrill Lynch Commercial Mortgage
Filed: 22 Sep 04, 12:00am
EXHIBIT 99 Banc of America Commercial Mortgage Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-4 $1.30B NEW ISSUE CMBS Lead-Mgr/Bks: Banc of America Securities LLC / Bear, Stearns & Co., Inc. Co-Managers: Goldman Sachs / RBS Greenwich Rating Agencies: S&P and Fitch Approx. Size Rating Credit Prin Class (Face) (F/S&P) Support WAL Window A-1 33,000,000 AAA/AAA 13.000% 2.02 1-45 A-2 48,000,000 AAA/AAA 13.000% 4.34 45-54 A-3 240,000,000 AAA/AAA 13.000% 4.73 54-68 A-4 225,000,000 AAA/AAA 13.000% 6.67 68-83 A-5 107,000,000 AAA/AAA 13.000% 7.12 83-107 A-6 272,199,171 AAA/AAA 13.000% 9.53 107-117 A-1A 202,345,000 AAA/AAA 13.000% 7.54 1-119 XP TBD AAA/AAA N/A N/A N/A B 35,640,764 AA/AA 10.250% 9.91 119-119 C 11,340,243 AA-/AA- 9.375% 9.91 119-119 D 21,060,451 A/A 7.750% 9.91 119-119 Collateral: 108 Loans / 134 Properties - -Loan Sellers: Bank of America, N.A./Bear Stearns Commercial Mortgage,Inc. - -Property Types: Ret 33.8%, Off 31.2%, MH 10.9%, Multi 10.7%, Other 5.1%, SS 4.5%, Indus 2.9%, Hotel 0.8% - -Geographic: CA: 25.6% (No. CA: 18.0%, So. CA: 7.5%), TX: 15.5%, FL: 9.7%, OH 6.9%, KS 6.4%, No Others (greater than) 5% - -DSCR/LTV 1.68x / 67.9% - -Inves. Grade Loans: Five loans for 21.0% of UPB - -Top 10 Loans: 41.8% of the pool, DSCR: 1.81x, LTV: 64.9% - -Top 3 Trust Assets Shadow DSCR LTV Ratings (S/F) %UPB BofA Center 2.21x 49.3% AAA/AA 11.6% Simon - West Ridge 1.25x 80.0% NR 5.3% Dallas Market Center 2.37x 51.0% AAA/AAA 5.1% Expected Timing Termsheets - Monday, 9/20 (electronic) Reds - Monday, 9/20 (electronic) Launch / Price - Week of 9/27 Settlement - 10/12 Roadshow - -Tuesday, 9/21 NY meetings - -Wednesday, 9/22 NY meetings - -Thursday, 9/23 Boston breakfast/Hartford lunch - -Friday, 9/24 Minneapolis breakfast This message is for information purposes only, and we are not soliciting any action based upon it. The information herein is believed to be reliable but it should not be relied upon as such and is subject to change without notice. Banc of America Securities LLC and Bear, Stearns and Co., Inc. and their affiliates may acquire, hold or sell positions in these securities or in related derivatives and may have an investment banking or banking relationship with the issuer. Information herein will be superseded by information in the final prospectus, copies of which may be obtained from Steve Hogue/Peter Cookson at Bank of America Securities LLC, 214 North Tryon Street, Charlotte, NC 28255 or Craig Sedmak at Bear, Stearns and Co., Inc., 383 Madison Avenue, New York, NY 10179. Such securities may not be suitable for all investors.