FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-226082-03

Sent: Wednesday, June 19, 2019 3:26 PM
Subject: GSMS 2019-GC40 – Indicative Price Thoughts (Public)(external)
Importance: High

GSMS 2019-GC40 – Indicative Price Thoughts (Public)(external)

$791.990mm Fixed Rate CMBS Offering

Co-Lead Managers and Joint Bookrunners: Goldman Sachs & Co. LLC, Citigroup and Deutsche Bank Securities

Co-Managers: Academy Securities and Drexel Hamilton

Class	S&P/Fitch/KBRA/MSTR	Size($mm)	WAL(yr)	C/E	IPTs	Trgt $px
A-1	AAA(sf)/AAAsf/AAA(sf)/AAA	16.403	2.62	30.000%	S+44a	100-00
A-2	AAA(sf)/AAAsf/AAA(sf)/AAA	131.938	4.85	30.000%	S+57a	103-00
A-3	AAA(sf)/AAAsf/AAA(sf)/AAA	191.600	9.74	30.000%	**Pre-Placed**
A-4	AAA(sf)/AAAsf/AAA(sf)/AAA	251.415	9.86	30.000%	S+93-94	103-00
A-AB	AAA(sf)/AAAsf/AAA(sf)/AAA	24.636	7.38	30.000%	S+76-77	103-00
A-S	AA-(sf)/AAAsf/AAA(sf)/AAA	98.999	9.91	18.750%	S+120a	103-00
B	NR/AA-sf/AA-(sf)/AA-	41.799	9.91	14.000%	S+135a	103-00
C	NR/A-sf/A-(sf)/A	35.200	9.91	10.000%	S+165a	103-00

Anticipated Timing

Anticipated Pricing:	Mid-Week of June 24th
Anticipated Closing:	Thurs, July 11th

The issuer has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-226082) for the offering to which this communication relates.  Before you invest, you should read the 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 website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526.

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