FREE WRITING PROSPECTUS
Filed Pursuant to Rule 433
Registration File No. 333-177891-02
October 16, 2012
WFRBS COMMERCIAL MORTGAGE TRUST 2012-C9
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2012-C9
This free writing prospectus dated October 16, 2012 (this “Supplement”) clarifies, updates or adds the following information as it relates to the free writing prospectus dated October 9, 2012 and filed with the Securities and Exchange Commission under accession number 0001193125-12-420058 (the “Free Writing Prospectus”). Terms used in this Supplement and not otherwise defined herein have the meanings assigned to them in the Free Writing Prospectus.
COLLATERAL UPDATE
With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A to the Free Writing Prospectus as Broadway Square, representing approximately 0.3% of the Cut-off Date Pool Balance, the related prepayment provisions have been amended to add a lockout period of two years and one day from the Closing Date. The amended prepayment provisions permit the borrower to prepay the related Mortgage Loan after such lockout period with (if prior to the open prepayment period) the payment of the greater of a Yield Maintenance Charge or a Prepayment Premium.
The table identified as “Percentage of Mortgage Pool by Prepayment Restrictions” in Annex C to the Free Writing Prospectus is superseded by the following table:
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-177891) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or any underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling 1-866-884-2071 (8 a.m. – 5 p.m. EST) or by emailing rbscmbs@rbs.com.
Percentage of Mortgage Pool by Prepayment Restriction(1)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Prepayment Restriction | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Locked Out | | | 100.00 | % | | | 100.00 | % | | | 3.22 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % |
| Defeasance | | | 0.00 | % | | | 0.00 | % | | | 85.39 | % | | | 85.76 | % | | | 82.04 | % | | | 82.89 | % | | | 84.24 | % | | | 84.19 | % | | | 84.13 | % | | | 84.07 | % | | | 0.00 | % |
| Yield Maintenance | | | 0.00 | % | | | 0.00 | % | | | 11.39 | % | | | 14.24 | % | | | 14.27 | % | | | 15.46 | % | | | 15.76 | % | | | 15.81 | % | | | 15.87 | % | | | 15.93 | % | | | 0.00 | % |
| Prepayment Premium | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % |
| Open | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 3.68 | % | | | 1.65 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 0.00 | % | | | 100.00 | % |
| Total | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % | | | 100.00 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Mortgage Pool Balance Outstanding (in millions) | | $ | 1,052.82 | | | $ | 1,038.63 | | | $ | 1,021.40 | | | $ | 1,002.97 | | | $ | 983.64 | | | $ | 872.12 | | | $ | 838.65 | | | $ | 818.58 | | | $ | 797.61 | | | $ | 775.46 | | | $ | 38.85 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Percent of Aggregate Cut-off Date Pool Balance | | | 100.00 | % | | | 98.65 | % | | | 97.02 | % | | | 95.27 | % | | | 93.43 | % | | | 82.84 | % | | | 79.66 | % | | | 77.75 | % | | | 75.76 | % | | | 73.66 | % | | | 3.69 | % |
From: RBS ABS SYNDICATE (RBS SECURITIES INC) [mailto:rbsgc.abs@bloomberg.net]
Sent: Tuesday, October 16, 2012 10:29 AM
Subject: WFRBS 2012-C9 Pre-Pricing Supplement
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
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