0001539497-19-001913.txt : 20191106 0001539497-19-001913.hdr.sgml : 20191106 20191106121341 ACCESSION NUMBER: 0001539497-19-001913 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191106 DATE AS OF CHANGE: 20191106 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BBCMS Mortgage Trust 2019-C5 CENTRAL INDEX KEY: 0001790441 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-226850-04 FILM NUMBER: 191195621 BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Barclays Commercial Mortgage Securities LLC CENTRAL INDEX KEY: 0001541480 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 270108800 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FWP 1 n1846-x8_ioanncmt.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-226850-04
     

 

From: Bc Struct Prod Synd Barclay (BARCLAYS CAPITAL INC) At: 11/06/19 09:52:38

Subject: ***PUBLIC IO ANNOUNCEMENT*** BBCMS 2019-C5 -- $849.764 NEW ISSUE CMBS

 

BBCMS 2019-C5 -- NEW ISSUE CMBS

$849.764MM NEW ISSUE CMBS IO ***PUBLIC OFFERING***

 

JOINT BOOKRUNNERS  
& CO-LEAD MANAGERS:     BARCLAYS CAPITAL INC.
  KEYBANC CAPITAL MARKETS INC.
  NATIXIS SECURITIES AMERICAS LLC
  SG AMERICAS SECURITIES, LLC
   
CO-MANAGERS: BANCROFT CAPITAL, LLC
  ACADEMY SECURITIES, INC.
   
RATING AGENCIES: S&P, FITCH & KBRA

 

 

***PUBLIC OFFERED IO CERTIFICATES***

 

 

CLASS RATINGS
(S/F/K)
AVAILABLE
SIZE ($MM)
CPN WAL* ~PV(MM) IPT
X-A AAA/AAA/AAA 674.990 0.89657 8.48 44.5 J+130~135**
X-B NR/A-/AAA 174.774 0.37170 9.67 5.5 J+125**
(AUCTION@3PM)

 

* WAL OF NOTIONAL BALANCE @ 100CPY TO CALL

** 100CPY TO CALL PRICING SPEED

 

--TRANSACTION SUMMARY--

POOL BALANCE: $1,001,321,188
NUMBER OF LOANS: 55
NUMBER OF PROPERTIES: 115
WA CUT-OFF LTV: 57.1%
WA MATURITY LTV: 52.8%
WA U/W NCF DSCR: 2.39x
WA U/W NOI DY: 10.8%
WA MORTGAGE RATE: 3.86875%
TOP 10 LOANS %: 40.6%
WA REM TERM MATURITY:      113 MONTHS
   
LOAN SELLERS: KEYBANK (28.7%), BARCLAYS (25.8%), NATIXIS (20.0%), SGFC (11.2%), RMF (8.9%), BSPRT (5.4%)
   
TOP 5 PROPERTY TYPES: RETAIL (21.7%), OFFICE (21.6%), MULTIFAMILY (18.7%), SELF STORAGE (11.8%), HOTEL (11.3%)
   
TOP 5 STATES: CA (13.8%), NY (8.9%), PA (8.3%), NJ (7.4%), OH (7.0%)
   
MASTER SERVICER: KEYBANK NATIONAL ASSOCIATION
SPECIAL SERVICER: KEYBANK NATIONAL ASSOCIATION
OPERATING ADVISOR: PENTALPHA SURVEILLANCE LLC
DIRECTING HOLDER: LD II SUB VII, LLC (AN AFFILIATE OF PRIME FINANCE ADVISORY, L.P.)
RISK RETENTION: L-SHAPED
TRUSTEE: WELLS FARGO BANK, NATIONAL ASSOCIATION
CERT. ADMIN.: WELLS FARGO BANK, NATIONAL ASSOCIATION
   

 

--ANTICIPATED TIMING--

TERM SHEET/ANNEX A-1: ATTACHED

EXPECTED SETTLEMENT: 11/26

 

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THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. bEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR) AT WWW.SEC.GOV. aLTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.

 

 

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