FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226850-03 | ||
From: Bc Struct Prod Synd Barclay (BARCLAYS CAPITAL INC) At: 08/09/19 13:23:45
Subject: BBCMS 2019-C4 NEW ISSUE CMBS ***PUBLIC OFFERING PRICING DETAIL**
BBCMS 2019-C4 -- NEW ISSUE CMBS
$835.403MM NEW ISSUE CMBS ***PUBLIC OFFERING***
JOINT BOOKRUNNERS | |
& CO-LEAD MANAGERS: | BARCLAYS CAPITAL INC. |
UBS SECURITIES LLC | |
NATIXIS SECURITIES AMERICAS LLC | |
SG AMERICAS SECURITIES, LLC | |
CO-MANAGERS: | CIBC WORLD MARKETS CORP. |
DREXEL HAMILTON, LLC | |
ACADEMY SECURITIES, INC. | |
RATING AGENCIES: | MOODY’S, FITCH & KBRA |
***PUBLIC OFFERED CERTIFICATES***
RATINGS AVAILABLE
CLASS | (M/F/K) | SIZE ($MM)* | C/E | WAL | CPN | YIELD | PRICE | SPREAD |
A-1 | Aaa/AAA/AAA | 23.654 | 30.000% | 2.72 | 2.000 | 1.9790 | 99.9989 | IS+ 45 |
A-2 | Aaa/AAA/AAA | 21.251 | 30.000% | 4.82 | 2.781 | 2.1111 | 102.9991 | IS+ 65 |
A-3 | Aaa/AAA/AAA | 11.205 | 30.000% | 6.96 | 2.502 | 2.5004 | 99.9955 | IS+100 |
A-4 | Aaa/AAA/AAA | 132.000 | 30.000% | 9.34 | 2.661 | 2.5419 | 100.9971 | IS+ 98 |
A-5 | Aaa/AAA/AAA | 406.163 | 30.000% | 9.84 | 2.919 | 2.5749 | 102.9952 | IS+100 |
A-SB | Aaa/AAA/AAA | 34.107 | 30.000% | 7.01 | 2.832 | 2.3615 | 102.9972 | IS+ 86 |
A-S | Aa3/AAA/AAA | 96.501 | 19.250% | 9.93 | 3.171 | 2.8272 | 102.9946 | IS+125 |
B | NR/AA-/AA- | 39.273 | 14.875% | 9.96 | 3.322 | 2.9782 | 102.9924 | IS+140 |
C | NR/A-/A- | 35.908 | 10.875% | 9.96 | 3.469 | 3.4782 | 99.9978 | IS+190 |
* AVAILABLE SIZE ($MM) IS NET OF RISK RETENTION
EXPECTED SETTLEMENT: 8/28
The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (File No. 333-226850) 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 Securities and Exchange Commission 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 website at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling 1-888-603-5847.
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