FREE WRITING PROSPECTUS FILED PURSUANT TO RULE 433 REGISTRATION FILE NO.: 333-257737-05
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NEW ISSUE CMBS: BBCMS 2022-C17
| JOINT LEADS: | BARCLAYS, SOCIÉTÉ GÉNÉRALE, BMO CAPITAL MARKETS, KEYBANC CAPITAL MARKETS, UBS SECURITIES LLC |
| CO-MANAGERS: | DREXEL HAMILTON, BANCROFT CAPITAL, LLC |
| RATING AGENCIES: | MOODY’S, FITCH, KBRA |
| CLASS | RATINGS (M/F/K) | AVAILABLE SIZE($MM)* | C/E | WAL | LTV | DY | SPREAD | YLD% | CPN% | PRICE |
| A-1 | Aaa/AAA/AAA | 8.880 | 30.000% | 2.86 | 37.7% | 17.0% | P+122 | 4.26007% | 4.285% | 99.9990 |
| A-2 | Aaa/AAA/AAA | 65.836 | 30.000% | 4.89 | 37.7% | 17.0% | P+125 | 3.96055% | 4.644% | 102.9972 |
| A-3 | Aaa/AAA/AAA | 26.243 | 30.000% | 6.89 | 37.7% | 17.0% | P+152 | 4.12344% | 4.618% | 102.9961 |
| A-4 | Aaa/AAA/AAA | 190.100 | 30.000% | 9.72 | 37.7% | 17.0% | P+150 | 4.06394% | 4.174% | 100.9938 |
| A-5 | Aaa/AAA/AAA | 304.653 | 30.000% | 9.84 | 37.7% | 17.0% | P+152 | 4.08442% | 4.441% | 102.9930 |
| A-SB | Aaa/AAA/AAA | 17.287 | 30.000% | 7.41 | 37.7% | 17.0% | P+149 | 4.07834% | 4.543% | 102.9998 |
| A-S | Aa2/AAA/AAA | 83.192 | 20.500% | 9.94 | 42.9% | 15.0% | P+205 | 4.61483% | 4.971% | 102.9958 |
| B | NR/AA-/AA- | 44.880 | 15.375% | 9.94 | 45.6% | 14.1% | P+235 | 4.91482% | 4.971% | 99.9970 |
| C | NR/A-/A- | 36.123 | 11.250% | 9.94 | 47.8% | 13.4% | P+295 | 5.51483% | 5.45% | 99.7691 |
* AVAILABLE SIZE ($MM) IS NET OF RISK RETENTION
| - SETTLEMENT: | ON OR ABOUT THURSDAY, SEPTEMBER 8, 2022 |
*TRANSACTION SUMMARY*
| - POOL BALANCE: | $905,003,064 |
| - NUMBER OF LOANS: | 53 |
| - NUMBER OF PROPS: | 119 |
| - WA CUT-OFF LTV: | 53.9% |
| - WA MATURITY LTV: | 52.1% |
| - WA U/W NCF DSCR: | 1.92x |
| - WA U/W NOI DY: | 11.9% |
| - WA MORTGAGE RATE: | 5.5557% |
| - TOP 10 LOANS %: | 42.3% |
| - WA REM TERM: | 112 MONTHS |
| - LOAN SELLERS: | AREF (23.8%), BMO (15.9%), BARCLAYS (15.4%), KEYBANK (13.5%), LMF (10.2%), SGFC (9.6%), BSPRT (8.7%), UBS AG (3.0%) |
| - TOP 5 PROP TYPES: | Office (24.0%), Retail (23.6%), Hospitality (14.3%), Industrial (12.3%), Multifamily (9.8%) |
| - TOP 5 STATES: | NY (18.4%), FL (12.7%), TX (8.7%), CA (8.1%), AL (6.2%) |
*DEAL PARTIES*
| - MASTER SERVICER: | KEYBANK N.A. |
| - SPECIAL SERVICERS: | ARGENTIC SERVICES COMPANY LP; KEYBANK N.A. |
| - OPERATING ADVISOR: | PENTALPHA SURVEILLANCE |
| - DIRECTING HOLDER: | ARGENTIC SECURITIES INCOME USA 2 LLC (OR ITS AFFILIATE) |
| - TRUSTEE: | WILMINGTON TRUST, N.A. |
| - CERT. ADMIN.: | COMPUTERSHARE TRUST COMPANY, N.A. |
the issuer has filed a registration statement (including a prospectus) with the u.s. Securities and exchange commission (sec) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents that 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 searching the sec online database (edgar) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays capital inc. By calling 1-888-603-5847.