Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration File No.: 333-172366-02
Date: March 12, 2012
WFRBS COMMERCIAL MORTGAGE TRUST 2012-C6 - PUBLIC NEW ISSUE $790.88MM FIXED-RATE CMBS OFFERING
CO-LEAD MANAGERS & JT BOOKRUNNERS: WELLS FARGO SECURITIES and RBS
CO-MANAGER: CITIGROUP
OFFERED CERTIFICATES - PUBLIC
CLASS | F/KBRA/MDY | SIZE($MM) | WAL(YRS) | C/E | CUM LTV | NOI DY | ||||||||||
A-1 | AAA(sf)/AAA(sf)/Aaa(sf) | 57.427 | 2.30 | 30.000% | 41.8% | 17.7% | ||||||||||
A-2 | AAA(sf)/AAA(sf)/Aaa(sf) | 136.818 | 4.47 | 30.000% | 41.8% | 17.7% | ||||||||||
A-3 | AAA(sf)/AAA(sf)/Aaa(sf) | 67.832 | 7.20 | 30.000% | 41.8% | 17.7% | ||||||||||
A-4 | AAA(sf)/AAA(sf)/Aaa(sf) | 385.428 | 9.45 | 30.000% | 41.8% | 17.7% | ||||||||||
A-S | AAA(sf)/AAA(sf)/Aaa(sf) | 100.595 | 9.82 | 19.125% | 48.3% | 15.3% | ||||||||||
B | AA(sf)/AA(sf)/Aa2(sf) | 42.781 | 9.95 | 14.500% | 51.0% | 14.5% |
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS | F/KBRA/MDY | SIZE($MM) | WAL(YRS) | C/E | CUM LTV | NOI DY | ||||||||
C | A(sf)/A(sf)/A2(sf) | 31.219 | 9.95 | 11.125% | 53.0% | 14.0% | ||||||||
D | BBB-(sf)/BBB-(sf)/Baa3(sf) | 47.407 | 9.96 | 6.000% | 56.1% | 13.2% |
COLLATERAL SUMMARY
CUT-OFF DATE BALANCE: | $925.0MM | |
NUMBER OF LOANS: | 89 | |
NUMBER OF PROPERTIES: | 152 | |
WA CUT-OFF LTV: | 61.1% | |
WA BALLOON LTV: | 51.2% | |
WA U/W DSCR: | 1.58x | |
WA U/W NOI DEBT YIELD: | 12.4% | |
WA MORTGAGE RATE: | 5.598% | |
TOP TEN LOANS %: | 37.5% | |
WA TERM TO MATURITY (MOS): | 106 | |
WA AMORTIZATION TERM (MOS): | 329 | |
WA SEASONING (MOS): | 5 |
LOAN SELLERS: | WFB (54.7%), RBS (22.7%), LIG I (9.2%), C-III (8.0%), | |
| BASIS (5.3%) |
TOP 5 PROPERTY TYPES: | RETAIL (34.7%), HOSPITALITY (19.8%), OFFICE (14.0%), | |
| SELF STORAGE (10.8%), MHC (7.5%) |
TOP 5 STATES: CA (29.2%), TX (12.5%), FL (9.8%), MD (9.3%), AZ (5.5%)
MASTER SERVICER: | WELLS FARGO BANK | |
SPECIAL SERVICER: | MIDLAND LOAN SERVICES |
SUBORDINATE CLASS REP: RREF CMBS AIV, LP (RIALTO REAL ESTATE FUND, LP)
DOCUMENTS & TIMING
TERM SHEET, RED, ANNEX A: | ATTACHED | |
PRESALE REPORTS: | WED, 3/14 | |
ANTICIPATED PRICING: | Late Wk of 3/12 / Early Wk of 3/19 | |
ANTICIPATED SETTLEMENT: | APRIL 4, 2012 |
ROADSHOW
NEW YORK 1x1’s: | MON/TUE, 3/12-13 | |||
CONFERENCE CALLS: | UPON DEMAND | |||
HARTFORD, BREAKFAST: | WED, 3/14 @ 8:30AM EST, MAX’S | |||
BOSTON, LUNCH: | WED, 3/14 @ 12:30PM EST, LANGHAM HOTEL | |||
MINNEAPOLIS, BREAKFAST: WED, 3/14 @ 7:30AM CST, GRAND HOTEL CHICAGO, GROUP MEETING: WED, 3/14 @ 2:00PM CST, WELLS FARGO OFFICE | ||||
GLOBAL INVESTOR CALL
DATE: | TUES, 3/13 | |||||||
TIME: | 11:00AM EST | |||||||
US DIAL-IN: | 877-476-9886 | |||||||
INTERNATIONAL DIAL-IN: | 706-643-7212 | |||||||
PASSCODE: | 60528361 |
Wells Fargo Commercial Mortgage Securities, Inc., as depositor, has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-172366) 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 SEC 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 Web site atwww.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailingwfs.cmbs@wellsfargo.com.
Nothing in this communication constitutes an offer of securities for sale in any other jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
This information is prepared for informational purposes only and further distribution is prohibited. Not an offer, recommendation or solicitation to buy or sell, nor an official confirmation of terms. Prices, levels and valuations provided are only indications and subject to change. Wells Fargo Securities does not guarantee the accuracy and makes no express or implied warranties. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Bank, N.A. and Wells Fargo Securities, LLC, member NYSE, FINRA, SIPC, and NFA and Wells Fargo Institutional Securities, LLC member FINRA and SIPC.
This email is subject to a disclaimer, please click on the following link or cut and paste the link into the address bar of your browser.
https://www.wellsfargo.com/com/disclaimer/ged2
