FWP 1 n456_fwp-x5.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-189017-08
     
 
 
From: CITI CMBS SYNDICATE (CITIGROUP GLOBAL MAR)
At: Mar 26 2015 11:19:46
 
CGCMT 2015-GC29 -- New Issue Announcement (Public)
 
$963.328mm Fixed Rate CMBS Offering
 
Co-Lead Managers and Joint Bookrunners: Citigroup Global Markets Inc. and Goldman, Sachs & Co.
Co-Managers: Deutsche Bank Securities Inc. and Drexel Hamilton, LLC
 
Class
Moody's/Fitch/KBRA
Size($mm)
WAL(yr)
C/E
Cum LTV
U/W NOI
Debt Yld
A-1
Aaa(sf)/AAAsf/AAA(sf)
29.302
2.85
30.000%
44.3%
14.5%
A-2
Aaa(sf)/AAAsf/AAA(sf)
146.427  
4.92
30.000%
44.3%
14.5%
A-3
Aaa(sf)/AAAsf/AAA(sf)
220.000  
9.81
30.000%
44.3%
14.5%
A-4
Aaa(sf)/AAAsf/AAA(sf)
334.415  
9.91
30.000%
44.3%
14.5%
A-AB
Aaa(sf)/AAAsf/AAA(sf)
52.822
7.22
30.000%
44.3%
14.5%
A-S
Aa1(sf)/AAAsf/AAA(sf)
55.926
9.99
25.000%
47.4%
13.5%
B
NR/AA-sf/AA(sf)
72.704
9.99
18.500%
51.5%
12.4%
C
NR/A-sf/A-(sf)
51.732
9.99
13.875%
54.5%
11.8%
X-A
Aa1(sf)/AAAsf/AAA(sf)
838.892  
N/A
N/A
N/A
N/A
X-B
NR/AA-sf/AAA(sf)
72.704
N/A
N/A
N/A
N/A
 
Collateral Summary
Initial Pool Balance: $1,118.524mm
Number of Mortgage Loans: 86
Number of Mortgaged Properties: 108
Average Cut-off Date Mortgage Loan Balance: $13.006mm
Weighted Average Mortgage Interest Rate: 4.1704%
Weighted Average Remaining Term to Maturity/ARD (months): 111
Weighted Average Remaining Amortization Term (months): 357
Weighted Average Cut-off Date LTV Ratio: 63.2%
Weighted Average Maturity Date/ARD LTV Ratio: 56.6%
Weighted Average Underwritten Debt Service Coverage Ratio: 1.91x
Weighted Average Debt Yield on Underwritten NOI: 10.1%
% of Mortgage Loans with Subordinate Debt: 9.8%
% of Mortgaged Properties with Single Tenants: 14.4%
 
Property Type: 38.5% Office, 16.9% Retail, 16.2% Mixed Use, 16.0% Multifamily,
6.2% Hospitality, 4.3% Self Storage, 1.6% Industrial,
0.3% Manufactured Housing
 
Top 5 States: 31.5% NY, 11.2% WA, 11.2% AZ, 4.0% TX, 3.8% CA
 
Anticipated Timing
Global Investor Call: Thurs, Mar 26th
Anticipated Pricing: Week of Mar 30th
Anticipated Closing: Wed, April 15th
 
Investor Call Details
Date: Thurs, Mar 26th
Time: 2:00PM EST
US Toll Free: (719) 325-2303
Passcode: 5715536
 
Roadshow Schedule
 
Hartford, CT - Breakfast Meeting
-Maxx Downtown
-185 Asylum St, Hartford, CT
-8:30AM EST
 
Boston, MA – Lunch Meeting
-Boston Harbor Hotel - John Adams Salon
-70 Rowes Wharf, Boston, MA
-12:30PM EST
 
Minneapolis, MN - Breakfast Meeting
-The Grand Minneapolis - Harriett & Cedar Lakes Room
-615 Second Avenue South, Minneapolis, MN -8:00AM CST
 
<Annex A>
 
<Term Sheet>
 
The information in this free writing prospectus is preliminary and may be supplemented or changed prior to the time of sale.
 
 
The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-189017) 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 website at www.sec.gov. Alternatively, the depositor or Citigroup Global Markets Inc., Goldman, Sachs & Co., any other underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

 
 
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