----- Original Message -----
From: WELLS ABF SYNDICATE WELLS FARGO (WELLS FARGO SECURITI)
At: Mar 3 2015 16:17:14
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2015-C27 - PUBLIC NEW ISSUE
**PRICED** $927.327 MM FIXED-RATE CMBS OFFERING
LEAD MANAGER & SOLE BOOKRUNNER: WELLS FARGO SECURITIES
CO-MANAGER: BARCLAYS CAPITAL
| OFFERED CERTIFICATES - PUBLIC |
| CLASS | DBRS/KBRA/MDY | SIZE($MM) | C/E | WAL | SPD | CPN% | YLD% | $PX |
| A-1 | AAA(sf)/AAA(sf)/Aaa(sf) | 50.293 | 30.000% | 2.99 | +42 | 1.730 | 1.7130 | 99.9997 |
| A-2 | AAA(sf)/AAA(sf)/Aaa(sf) | 7.934 | 30.000% | 4.93 | +60 | 3.005 | 2.3466 | 102.9962 |
| A-3 | AAA(sf)/AAA(sf)/Aaa(sf) | 36.418 | 30.000% | 6.92 | +87 | 3.362 | 2.8803 | 102.9964 |
| A-4 | AAA(sf)/AAA(sf)/Aaa(sf) | 240.000 | 30.000% | 9.78 | +85 | 3.190 | 3.0765 | 100.9995 |
| A-5 | AAA(sf)/AAA(sf)/Aaa(sf) | 309.207 | 30.000% | 9.92 | +87 | 3.451 | 3.1044 | 102.9939 |
| A-SB | AAA(sf)/AAA(sf)/Aaa(sf) | 89.627 | 30.000% | 7.40 | +77 | 3.278 | 2.8248 | 102.9961 |
| A-S | AAA(sf)/AAA(sf)/Aa2(sf) | 79.897 | 22.375% | 9.98 | +125 | 3.836 | 3.4876 | 102.9972 |
| B | AA(sf)/AA(sf)/A1(sf) | 45.842 | 18.000% | 10.01 | +155 | 4.139 | 3.7894 | 102.9974 |
| C | A(low)(sf)/A-(sf)/NR | 68.109 | 11.500% | 10.01 | +230 | 3.894 | 4.5394 | 94.9955 |
| NON-OFFERED CERTIFICATES - PRIVATE (144A) |
| CLASS | DBRS/KBRA/MDY | SIZE($MM) | C/E | WAL | CUM LTV | NOI DY | | |
| D | BBB(low)(sf)/BBB-(sf)/NR | 44.533 | 7.250% | 10.01 | 62.4% | 11.3% | | |
COLLATERAL SUMMARY
| CUT-OFF DATE BALANCE: | $1,047,828,035 |
| NUMBER OF LOANS: | 95 |
| NUMBER OF PROPERTIES: | 124 |
| WA CUT-OFF LTV: | 67.3% |
| WA BALLOON LTV: | 57.8% |
| WA U/W NCF DSCR: | 1.67x |
| WA U/W NOI DEBT YIELD: | 10.5% |
| WA MORTGAGE RATE: | 4.321% |
| TOP TEN LOANS %: | 37.0% |
| WA TERM TO MATURITY (MOS): | 118 |
| WA AMORTIZATION TERM (MOS): | 355 |
| WA SEASONING (MOS): | 0 |
| | |
| LOAN SELLERS: | WFB (37.0%), RMF (27.9%), PCC (14.6%), |
| | LIG I (11.3%), C-III (8.1%), BASIS (1.2%) |
| | |
| TOP 5 PROPERTY TYPES: | RETAIL (23.6%), HOSPITALITY (21.6%), |
| | OFFICE (20.2%),SELF STORAGE (14.7%), |
| | MULTIFAMILY (12.0%) |
| | |
| TOP 5 STATES: | CA (16.6%), FL (13.0%), NC (9.0%), |
| | OH (8.5%), NM (4.6%) |
| | |
| MASTER SERVICER: | WELLS FARGO BANK, NATIONAL ASSOCIATION |
| SPECIAL SERVICER: | RIALTO CAPITAL ADVISORS, LLC |
| SUBORDINATE CLASS REP: | RIALTO CMBS V, LLC or another affiliate of |
| | RIALTO CAPITAL ADVISORS, LLC |
| | |
| DOCUMENTS & TIMING | |
| TERM SHEET, ANNEX A-1, | ATTACHED |
| PRELIMINARY FWP: | ATTACHED |
| ANTICIPATED SETTLEMENT: | MARCH 12, 2015 |
| | |
| ROADSHOW | |
| NEW YORK 1x1's: | WED, 2/25 |
| HARTFORD, BREAKFAST: | THURS, 2/26 @ 8:30AM ET, MAX'S DOWNTOWN |
| BOSTON, LUNCH: | THURS, 2/26 @ 12:00PM ET, THE LANGHAM |
| MINNEAPOLIS, BREAKFAST: | THURS, 2/26 @ 7:30AM CT, GRAND HOTEL MINNEAPOLIS |
| CONFERENCE CALLS: | UPON DEMAND |
PRE-RECORDED GLOBAL INVESTOR CALL: WWW.NETROADSHOW.COM
REVIEW CODE: WFCM15C27 (not case-sensitive)
DIRECT LINK: http: http://www.netroadshow.com/nrs/wp/default.html?show=6baCdA
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. 333-195164) 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 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.
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If this communication relates to an offering of US registered securities (i) a registration statement has been filed with the SEC, (ii) before investing you should read the filed documents, and (iii) you many obtain these documents from your sales representative, by calling 1-800-326-5897 or visiting www.sec.gov. If this communication relates to a securities offering exempt from US registration, you should contact your sales representative for the complete disclosure package. For information regarding Wells Fargo, see https://www.wellsfargo.com/com/disclaimer/wfid3. In Japan, see:
https://www.wellsfargo.com/com/disclaimer/wfsjb4.
