FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-226082-07

Sent: Thursday, May 07, 2020 4:34 PM
Subject: GSMS 2020-GC47 – Final Pricing Details (Public)(external)

GSMS 2020-GC47 – Final Pricing Details (Public)(external)

$771.853mm Fixed Rate CMBS Offering

Co-Lead Managers and Joint Bookrunners: Goldman Sachs & Co. LLC and Citigroup

Co-Managers: Academy Securities, AmeriVet Securities, and Drexel Hamilton

						U/W NOI
Class	S&P/Fitch/KBRA	Size($mm)	WAL(yr)	C/E	LTV	Debt
						Yld	Sprd	Cpn	Yld	$px
A-1	AAA(sf)/AAAsf/AAA(sf)	3.688	3.22	30.000%	37.5%	14.6%	S+110	1.35860	1.34920	99.9998
A-4	AAA(sf)/AAAsf/AAA(sf)	190.000	9.56	30.000%	37.5%	14.6%	S+143	2.12450	2.01039	100.9997
A-5	AAA(sf)/AAAsf/AAA(sf)	310.694	9.78	30.000%	37.5%	14.6%	S+145	2.37720	2.03917	102.9993
A-AB	AAA(sf)/AAAsf/AAA(sf)	8.900	7.34	30.000%	37.5%	14.6%	S+140	2.31610	1.87446	102.9994
A-S	AA-(sf)/AAAsf/AAA(sf)	60.494	9.81	21.750%	41.9%	13.0%	S+180	2.73130	2.39047	102.9996
B	NR/AA-sf/AA-(sf)	35.746	9.89	16.875%	44.6%	12.3%	S+250	3.57083	3.09369	103.5279
C	NR/A-sf/A-(sf)	32.997	9.89	12.375%	47.0%	11.6%	S+385	3.57083	4.44368	92.6677

Registered CUSIPs

Class	CUSIP
A-1	36258RAY9
A-4	36258RAZ6
A-5	36258RBA0
A-AB	36258RBB8
A-S	36258RBE2
B	36258RBF9
C	36258RBG7

Collateral Summary

Initial Pool Balance:	$771,852,928
Number of Mortgage Loans:	29
Number of Mortgaged Properties:	60
Average Cut-off Date Mortgage Loan Balance:	$26,615,618
Weighted Average Mortgage Interest Rate:	3.47525%
Weighted Average Remaining Term to Maturity Date/ARD (mos):	117
Weighted Average Remaining Amortization Term (mos):	360
Weighted Average Cut-off Date LTV Ratio:	53.6%
Weighted Average Maturity Date/ARD LTV Ratio:	52.4%
Weighted Average Underwritten DSCR Ratio:	2.80x
Weighted Average Debt Yield on Underwritten NOI:	10.2%
% of Mortgage Loans with Mezzanine Debt:	6.5%
% of Mortgage Loans with Subordinate Debt:	31.3%
% of Mortgage Loans with Preferred Equity:	0.0%
% of Mortgaged Properties with Single Tenants:	6.5%

Property Type:	32.9% Office, 23.2% Mixed Use, 23.2% Multifamily, 8.9% Industrial, 7.8% Self Storage
Top 3 States:	40.5% NY, 25.7% CA, 11.6% OH

Anticipated Timing

Anticipated Closing: May 21st

Available Preliminary Offering Materials

Annex

Top Fifteen Pre-Marketing Term Sheets

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.

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED (OTHER THAN ANY STATEMENT RELATING TO THE IDENTITY OF THE LEGAL ENTITY AUTHORIZING OR SENDING THIS COMMUNICATION IN A NON-US JURISDICTION).  SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.