| | FREE WRITING PROSPECTUS |
| | FILED PURSUANT TO RULE 433 |
| | REGISTRATION FILE NO.: 333-226123-09 |
| | |
From: | Spg Syndicate Jpm (JP MORGAN SECURITIES) <sjpm2@bloomberg.net> |
Sent: | Thursday, June 25, 2020 8:27 AM |
Subject: | ★LAUNCH★ $628.296MM JPMDB 2020-COR7 **PUBLIC CMBS** |
JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2020-COR7 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2020-COR7
JOINT BOOKRUNNERS: | J.P. MORGAN SECURITIES LLC, DEUTSCHE BANK SECURITIES INC. AND GOLDMAN SACHS & CO. LLC |
CO-MANAGERS: | JEFFERIES LLC AND DREXEL HAMILTON, LLC |
RATING AGENCIES: | S&P/FITCH/KBRA |
OFFERING TYPE: | SEC-REGISTERED |
***OFFERED CERTIFICATES - PUBLIC***
CLS | RATINGS (S/F/K) | SIZE ($MM) | WAL (YR) | CERT C/E | CERT LTV | CERT NOI DEBT YLD | LAUNCH (S+) | TARGET $PX |
A-1 | AAA/AAA/AAA | 13.360 | 2.76 | 30.000% | 39.8% | 15.3% | 80 | ~100-00 |
A-2 | AAA/AAA/AAA | 49.250 | 4.68 | 30.000% | 39.8% | 15.3% | 120 | ~103-00 |
A-3 | AAA/AAA/AAA | 80.800 | 6.51 | 30.000% | 39.8% | 15.3% | 118 | ~101-00 |
A-4 | AAA/AAA/AAA | 145.000 | 9.14 | 30.000% | 39.8% | 15.3% | 118 | ~101-00 |
A-5 | AAA/AAA/AAA | 193.813 | 9.56 | 30.000% | 39.8% | 15.3% | 120 | ~103-00 |
A-SB | AAA/AAA/AAA | 26.960 | 7.00 | 30.000% | 39.8% | 15.3% | 110 | ~103-00 |
A-S | AA-/AAA/AAA | 56.374 | 9.70 | 22.250% | 44.2% | 13.8% | 155 | ~103-00 |
B | NR/AA-/AA | 25.460 | 9.70 | 18.750% | 46.1% | 13.2% | 230 | ~103-00 |
C | NR/A-/A- | 37.279 | 9.70 | 13.625% | 49.1% | 12.4% | 330 | WAC CPN |
TIMING | |
ANTICIPATED ALLOCATIONS: | 9:15AM EST |
ANTICIPATED PRICING: | 11:30AM EST |
ANTICIPATED SETTLEMENT: | ON OR ABOUT JUNE 30, 2020 |
| |
JPM SPG SYNDICATE CONTACTS |
ANDY CHERNA | 212-834-4154 |
JENNIFER KORNBLAU | 212-834-4154 |
KAILIN TWOMEY | 212-834-4154 |
| |
JPM CMBS BANKING CONTACTS |
KUNAL SINGH | 212-834-5467 |
BRAD HORN | 212-834-9708 |
HARRIS RENDELSTEIN | 212-834-6737 |
| |
JPM CMBS TRADING DESK CONTACTS |
AVINASH SHARMA | 212-834-3111 |
DERRICK FETZER | 212-834-3111 |
| |
DEUTSCHE BANK CMBS BANKING CONTACTS |
LAINIE KAYE | 212-250-5270 |
NATALIE GRAINGER | 212-250-1254 |
| |
DEUTSCHE BANK TRADING DESK CONTACTS |
RYAN HORVATH | 212-250-5149 |
DAN PENN | 212-250-5149 |
| |
GOLDMAN SACHS CMBS BANKING CONTACTS |
LEAH NIVISON | 212-357-2702 |
SCOTT EPPERSON | 212-934-2882 |
JUSTIN PETERSON | 212-902-4283 |
| |
GOLDMAN SACHS SYNDICATE CONTACTS |
SCOTT WALTER | 212-357-8910 |
ALEX SMITH-CONSTATINE | 212-855-9035 |
| |
GOLDMAN SACHS CAPITAL MARKETS CONTACTS |
MARK ROMANCZUK | 212-902-0290 |
NITIN JAGGA | 212-855-9035 |
*******************************************************************************
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