WFRBS COMMERCIAL MORTGAGE TRUST 2012-C9 - PUBLIC NEW ISSUE
**ANNOUNCEMENT** $931.741MM FIXED-RATE CMBS OFFERING
CO-LEAD MANAGERS & JT BOOKRUNNERS: RBS and WELLS FARGO SECURITIES
CO-MANAGER: DEUTSCHE BANK SECURITIES
OFFERED CERTIFICATES - PUBLIC
CLASS | F/MDY/MSTR | $SIZE-MM | WAL | C/E | CUM LTV | NOI DY |
A-1 | AAA(sf)/Aaa(sf)/AAA | 86.171 | 2.58 | 30.000% | 45.2% | 16.2% |
A-2 | AAA(sf)/Aaa(sf)/AAA | 110.387 | 4.94 | 30.000% | 45.2% | 16.2% |
A-3 | AAA(sf)/Aaa(sf)/AAA | 444.199 | 9.85 | 30.000% | 45.2% | 16.2% |
A-SB | AAA(sf)/Aaa(sf)/AAA | 96.213 | 7.46 | 30.000% | 45.2% | 16.2% |
A-S | AAA(sf)/Aaa(sf)/AAA | 93.437 | 9.96 | 21.125% | 51.0% | 14.4% |
B | AA-(sf)/Aa3(sf)/AA- | 64.485 | 9.96 | 15.000% | 54.9% | 13.4% |
C | A-(sf)/A3(sf)/A- | 36.849 | 9.96 | 11.500% | 57.2% | 12.8% |
NON-OFFERED CERTIFICATES - PRIVATE (144A)
CLASS | F/MDY/MSTR | $SIZE-MM | WAL | C/E | CUM LTV | NOI DY |
D | BBB-(sf)/Baa3(sf)/BBB- | 42.112 | 9.96 | 7.500% | 59.8% | 12.3% |
COLLATERAL SUMMARY
CUT-OFF DATE BALANCE: | $1,052,815,082 |
NUMBER OF LOANS: | 73 |
NUMBER OF PROPERTIES: | 100 |
WA CUT-OFF LTV: | 65.2% |
WA BALLOON LTV: | 53.3% |
WA U/W DSCR: | 1.57x |
WA U/W NOI DEBT YIELD: | 11.4% |
WA MORTGAGE RATE: | 4.835% |
TOP TEN LOANS %: | 44.4% |
WA TERM TO MATURITY (MOS): | 113 |
WA AMORTIZATION TERM (MOS): | 342 |
WA SEASONING (MOS): | 1 |
LOAN SELLERS: | WFB (39.4%), RBS (37.5%), LIG I (8.3%), C-III (7.7%), BASIS (7.1%) |
TOP 5 PROPERTY TYPES: | RETAIL (34.6%), OFFICE (24.3%), HOSPITALITY (21.3%), MAN HOUSING (8.0%), INDUSTRIAL (5.5%) |
TOP 5 STATES: | VA(12.2%), TX(11.9%), CA(11.3%), MD(8.2%), MO(5.7%) |
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MASTER SERVICER: | WELLS FARGO BANK, N.A. |
SPECIAL SERVICER: | MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, N.A. |
SUBORDINATE CLASS REP: | RAITH CAPITAL PARTNERS |
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DOCUMENTS & TIMING
TERM SHEET, RED, ANNEX A: | ATTACHED |
PRESALE REPORTS: | OCTOBER 10, 2012 - OCTOBER 11, 2012 |
ANTICIPATED PRICING: | WK OF OCTOBER 15, 2012 |
ANTICIPATED SETTLEMENT: | OCTOBER 30, 2012 |
ROADSHOW
NEW YORK 1x1's: | WED/THU, 10/10 - 10/11 |
CONFERENCE CALLS: | UPON DEMAND |
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MINNEAPOLIS, BREAKFAST: | THU, 10/11 @ 7:30AM CST, GRAND HOTEL |
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HARTFORD, BREAKFAST: | FRI, 10/12 @ 8:30AM EST, MAX'S DOWNTOWN |
BOSTON, LUNCH: | FRI, 10/12 @ 12:00PM EST, LANGHAM HOTEL |
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GLOBAL INVESTOR CALL: | WED, 10/10 @ 2:00PM EST |
TOLL-FREE DIAL-IN: | (877)-220-4870 |
CONFERENCE ID: | 40230234 |
IMPORTANT NOTICE
The issuer has filed a registration statement (including a base prospectus) with the SEC for the offering to which this free writing prospectus relates. Before you invest in this offering, you should read the base 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, RBS will arrange to send you the base prospectus at no charge if you request it by calling 1-866-884-2071 or emailing offeringmaterials@rbs.com
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (''SEC'') (SEC File No. 333-177891) 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 at www.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 1-866-884-2071 (8 a.m. - 5 p.m. EST) or by emailing rbscmbs@rbs.com.
Nothing in this document 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.
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