FWP 1 n4545_x10-ipts.htm FWP

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-257991-14
     

From: Wells Abf Syndicate Wells Fargo (WELLS FARGO SECURITI) At: 11/12/24 10:11:05 UTC-5:00

Subject: WFCM 2024-5C2 - PUBLIC NEW ISSUE **IPTs**

WFCM 2024-5C2 - PUBLIC NEW ISSUE **IPTs**

$645.304MM FIXED-RATE CMBS OFFERING

Co-Lead Managers & Bookrunners: Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, UBS Securities LLC and Citigroup Global Markets Inc.

Co-Managers: Academy Securities, Inc., Drexel Hamilton, LLC and Siebert Williams Shank & Co., LLC


Publicly Offered Certificates

  Expected Ratings Available   WAL Principal UW NOI    
Class (Fitch/Moody's/KBRA) Size ($MM) CE% (YRS) Window DY% LTV% IPTs
A-1 AAAsf/Aaa(sf)/AAA(sf) $3.921 30.000% 2.57 1–51 18.5% 39.7% Auction Today at 3pm est
A-2* AAAsf/Aaa(sf)/AAA(sf) [$200.000] 30.000% [4.80] [51-59] 18.5% 39.7% A-3 - 2bps
A-3* AAAsf/Aaa(sf)/AAA(sf) [$300.082] 30.000% [4.91] [59-60] 18.5% 39.7% J+100A
A-S AAAsf/NR/AAA(sf) $95.401 16.750% 4.97 60–60 15.5% 47.3% J+125A
B AAsf/NR/AA-(sf) $23.400 13.500% 4.97 60–60 14.9% 49.1% J+170A
C Asf/NR/A-(sf) $22.500 10.375% 4.97 60–60 14.4% 50.9% J+215A

 

*Sizes, WAL’s and Windows are subject to change as detailed in the attached Term Sheet

 

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. 333-257991) 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.

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 may 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. This chat will be retained and may be monitored.