| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-206361-08 |
Sent: Wednesday, March 08, 2017 3:07 PM
Subject: ★PRICING DETAILS★ JPMCC 2017-JP5 X-A, X-B, X-C **PUBLIC CMBS**
JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 2017-JP5 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2017-JP5
| SOLE BOOKRUNNER: | J.P. MORGAN SECURITIES LLC |
| LEAD MANAGER: | J.P. MORGAN SECURITIES LLC |
| CO-MANAGERS: | DREXEL HAMILTON, LLC, ACADEMY SECURITIES, INC. |
| RATING AGENCIES: | MOODY'S/FITCH/KBRA |
| OFFERING TYPE: | SEC-REGISTERED |
***OFFERED CERTIFICATES - PUBLIC***
| CLS | RATINGS | NOTIONAL | SPREAD | PV | YLD | $PX** |
| (M/F/K) | ($MM) | |||||
| XA | Aa1/AAA/AAA | 836.131 | T+130 | 63,065,181 | 3.7452 | 7.5425 |
| XB | A1/AA-/AAA | 51.917 | 2,572,955 | 3.7857 | 4.9559 | |
| XC | NR/A-/AAA | 56.015 | 3,341,295 | 3.9983 | 5.9650 |
**100 CPY PRICING SPEED
PROCESS & OTHER
| - | X-A: STANDARD SYNDICATE PROCESS |
| - | X-B/X-C: AUCTION PROCESS. INVESTORS ARE REQUESTED TO SHOW A $PX BID (TO 4 DECIMALS) FOR THE WHOLE TRANCHE OF THE X-B AND X-C BY 12PM EST TOMORROW (WEDNESDAY MARCH 8TH). BIDDER SHOWING THE HIGHEST BID WILL BE REWARDED THE ENTIRE CLASS. |
| - | ANALYTICS (TREPP, INTEX) AVAILABLE |
ANTICIPATED PRICING: PRICED
ANTICIPATED SETTLEMENT: ON OR ABOUT MARCH 29, 2017
JPM SPG SYNDICATE CONTACTS
| ANDY CHERNA | 212-834-4154 |
| ANUSHA JOLY | 212-834-4154 |
| JENNIFER KORNBLAU | 212-834-4154 |
| MAGGIE D'ARCY | 212-834-4154 |
JPM CMBS BANKING CONTACT
| KUNAL SINGH | 212-834-9708 |
| BRAD HORN | 212-834-9328 |
| JOHN MILLER | 212-272-8363 |
JPM CMBS TRADING DESK CONTACT
| ANDY TAYLOR | 212-834-3111 |
| AVINASH SHARMA | 212-834-3111 |
| BRIAN CAREY | 212-834-3111 |
The depositor has filed a registration statement (including a prospectus) with the SEC 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, the issuing trust 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 if you request it by calling toll-free 1-866-400-7834 or emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.
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IRS CIRCULAR 230 NOTICE: THE INFORMATION PROVIDED HEREIN IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED, FOR THE PURPOSE OF AVOIDING U.S. FEDERAL, STATE OR LOCAL TAX PENALTIES. THE INFORMATION PROVIDED HEREIN IS WRITTEN AND PROVIDED BY J.P. MORGAN SECURITIES LLC IN CONNECTION WITH THE PROMOTION OR MARKETING OF THE TRANSACTIONS OR MATTERS ADDRESSED HEREIN. INVESTORS SHOULD SEEK ADVICE BASED ON THEIR PARTICULAR CIRCUMSTANCES FROM AN INDEPENDENT TAX ADVISOR.
This announcement (which includes the attached PDF files) shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities referenced in this announcement in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or other jurisdiction.
The distribution of materials relating to the offering, and the transactions contemplated by the offering, may be restricted by law in certain jurisdictions. If materials relating to the offering come into your possession, you are required by the issuer to inform yourself of and to observe all of these restrictions. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the underwriters or any affiliate of the underwriters is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the underwriters or such affiliate on behalf of the Issuer in this jurisdiction.
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Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance. An indication of interest in response to this announcement will involve no obligation or commitment of any kind.
You should not reply to this announcement. Any reply e-mail communications, including those you generate by using the “Reply” function on your e-mail software, will be ignored or rejected.
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