Banc of America Merrill Lynch Commercial Mortgage
Filed: 16 May 16, 12:00am
| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-206847-02 | ||
Sent: Monday, May 16, 2016 11:23 AM
Subject: New Issue CMBS: BACM UBS10 * Announcement* Public Classes
$748.107MM BANK OF AMERICA MERRILL LYNCH COMMERCIAL MORTGAGE TRUST 2016-UBS10 CO-LEAD MANAGERS & BOOKRUNNERS: BofA MERRILL LYNCH, UBS SECURITIES LLC, BARCLAYS, MORGAN STANLEY
CO-MANAGER: DREXEL HAMILTON
PUBLICLY OFFERED CERTIFICATES
| CL | MOODY'S/FITCH/DBRS/KBRA | SIZE(MM) | WAL(YRS) | CE% | WINDOW | NOI DY% | LTV% |
| A1 | Aaa(sf)/AAAsf/AAA(sf)/AAA(sf) | $31.300 | 2.62 | 30.000% | 1-54 | 15.6% | 42.3% |
| A2 | Aaa(sf)/AAAsf/AAA(sf)/AAA(sf) | $135.900 | 4.82 | 30.000% | 54-60 | 15.6% | 42.3% |
| ASB | Aaa(sf)/AAAsf/AAA(sf)/AAA(sf) | $49.500 | 7.30 | 30.000% | 60-112 | 15.6% | 42.3% |
| A3* | Aaa(sf)/AAAsf/AAA(sf)/AAA(sf) | $175.000 | 9.55 | NOT AVAILABLE | |||
| A4 | Aaa(sf)/AAAsf/AAA(sf)/AAA(sf) | $221.682 | 9.78 | 30.000% | 116-118 | 15.6% | 42.3% |
| AS | Aa2(sf)/AAAsf/AAA(sf)/AAA(sf) | $48.813 | 9.86 | 25.000% | 118-118 | 14.5% | 45.4% |
| B | A1(sf)/AA-sf/AA(sf)/AA(sf) | $46.003 | 9.92 | 19.750% | 118-119 | 13.6% | 48.6% |
| C | NR/A-sf/A(sf)/A(sf) | $44.909 | 9.94 | 14.625% | 119-119 | 12.8% | 51.7% |
| *Clas A3 has been pre-placed | |
| POOL BALANCE: | $876.260MM |
| NUMBER OF LOANS/PROPERTIES: | 52/84 |
| WA MORTGAGE INT. RATE: | 4.930% |
| WA CUT-OFF LTV: | 60.5% |
| WA UW NCF DSCR: | 1.65x |
| WA UW NOI DEBT YLD: | 10.9% |
| WA ORIG TERM TO MATURITY: | 113 |
| WA ORIG AMORTIZING TERM: | 353 |
| TEN LARGEST LOANS: | 51.5% |
| LOAN SELLERS: | UBS(55.7%), BARC(18.3%), MS(13.1%), BANA(13.0%) |
| TOP 5 STATES: | TX(17.1%),CA(11.0%),NC(10.9%),PA(10.5%),FL(7.1%) |
| TOP 5 PROPERTY TYPES: | OFF(31.3%),RET(26.6%),HT(16.4%),MF(8.6%),MIX(8.5%) |
| MASTER SERVICER: | Wells Fargo Bank, National Association |
| SPECIAL SERVICER: | Rialto |
| TRUSTEE: | Wilmington Trust, National Association |
| CERT ADMIN: | Wells Fargo Bank, National Association |
| TRUST ADVISOR/ARR: | Park Bridge Lender Services |
| LLC INITIAL CONTROLLING CLASS REP: | Rialto |
| BOSTON BFAST: | MON MAY 16, 8:00am EDT (Langham) |
| HARTFORD LUNCH: | MON MAY 16, 12:30pm EDT (Max's Downtown) |
| MINNEAPOLIS BFAST: | MON MAY 16, 7:30am CT (The Grand Hotel) |
| CHICAGO: | MON MAY 16, 3:00pm CT (UBS office) |
| DES MOINES BFAST: | TUES MAY 17, 8:00am CT (Des Lux) |
| MILWAUKEE: | TUES MAY 17, 3:00pm CT (Pfister) |
| CINCINNATI: | WEDS MAY 18, 9:30am EDT (on request) |
| INVESTOR GROUP CALL: | TUES MAY 17, 10:00am EDT (1-855-312-6134 / code: 86958919) |
| EXPECTED PRICING: | WEEK OF 5/16 |
| EXPECTED SETTLEMENT: | ON OR ABOUT 6/7 |
| ATTACHED: | TERM SHEET, ANNEX A-1 |
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The issuer has filed a registration statement (including a prospectus) with the SEC registration statement file no. 333-206847 for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-294-1322. The securities may not be suitable for all investors. Merrill, Lynch, Pierce, Fenner & Smith Incorporated and its affiliates may acquire, hold or sell positions in these securities, or in related derivatives, and may have an investment or commercial banking relationship with the issuer.
CIRCULAR 230 DISCLOSURE
TO ENSURE COMPLIANCE WITH REQUIREMENTS IMPOSED BY THE INTERNAL REVENUE SERVICE, WE INFORM YOU THAT (A) ANY UNITED STATES FEDERAL TAX ADVICE CONTAINED HEREIN (INCLUDING ANY ATTACHMENTS OR ENCLOSURES) WAS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING UNITED STATES FEDERAL TAX PENALTIES, (B) ANY SUCH ADVICE WAS WRITTEN TO SUPPORT THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN AND (C) ANY TAXPAYER TO WHOM THE TRANSACTIONS OR MATTERS ARE BEING PROMOTED, MARKETED OR RECOMMENDED SHOULD SEEK ADVICE BASED ON ITS PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.
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