FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-260277-03 | ||
From: Db Cmbs Deutsche Bank (DEUTSCHE BANK SECURI) <ddeutscheb33@bloomberg.net>
Sent: Tuesday, March 28, 2023 9:42 AM
Subject: BMARK 2023-B38 **INITIAL PRICE TALK** PUBLIC
BMARK 2023-B38 **INITIAL PRICE TALK** PUBLIC
***PUBLIC OFFERED CERTIFICATES***
APPROX. | ||||||
CLASS | RATING(M/F/K) | SIZE(MM) | C/E | WAL | IPT | $PX |
A-1 | Aaa/AAA/AAA | 6.484 | 30.000% | 2.52 | P+185a | ~100 |
A-2 | Aaa/AAA/AAA | 201.433 | 30.000% | 4.86 | P+200a | ~103 |
A-3 | Aaa/AAA/AAA | 50.784 | 30.000% | 6.75 | P+215a | ~101 |
A-SB | Aaa/AAA/AAA | 4.164 | 30.000% | 6.92 | LCF-3 | ~103 |
A-4 | Aaa/AAA/AAA | 173.967 | 30.000% | 9.64 | P+215a | ~103 |
A-M | Aa1/AAA/AAA | 70.205 | 18.750% | 9.82 | P+275a | ~103 (WAC-SPRD) |
B | Aa3/AA-/AA- | 31.202 | 13.750% | 9.86 | P+355a | ~97 (WAC) |
C | A3/A-/A- | 24.182 | 9.875% | 9.97 | P+465a | ~90 (WAC) |
DEUTSCHE BANK TRADING DESK CONTACTS: | |
SHAISHAV AGARWAL | 212-250-5149 |
RYAN HORVATH | 212-250-5149 |
DAN PENN | 212-250-5149 |
AFTON ENGLAND | 212-250-5149 |
JPM CMBS TRADING DESK CONTACT: | |
AVINASH SHARMA | 212-834-3111 |
BRIAN CAREY | 212-834-3111 |
DERRICK FETZER | 212-834-3111 |
SCOTT DARBY | 212-834-3111 |
JPM SPG SYNDICATE CONTACTS: | |
JENNIFER KORNBLAU | 212-834-4154 |
MORGAN ROACH | 212-834-4154 |
JACQUELINE LARET | 212-834-4154 |
KRISTEN ROSSI | 212-834-4154 |
MICHAEL CASH | 212-834-4154 |
JPM CMBS BANKING CONTACTS: | |
KUNAL SINGH | 212-834-5467 |
HARRIS RENDELSTEIN | 212-834-5467 |
RANDY GOLDSTEIN | 212-834-5467 |
CITIGROUP SYNDICATE DESK CONTACTS: | |
RAUL OROZCO | 212-723-1295 |
MATT PERRY | 212-723-1295 |
GOLDMAN SACHS SYNDICATE DESK CONTACTS: | |
SCOTT WALTER | 212-357-8910 |
LISA SCHEXNAYDER | 212-902-2330 |
MONIQUE HARMON | 212-357-9012 |
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The issuer has filed a registration statement (including a prospectus) with the SEC for the new 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 Web site at www.sec.gov<http://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 1-800-503-4611. This communication does not contain all information that is required to be included in the prospectus. The information in this communication is preliminary, and is subject to completion or change. Any investment decision
with respect to the securities should be made by you based upon the information contained in the prospectus relating to the securities. There can be no assurance that actual pricing will be completed at the indicated value(s). This communication is not an offer to sell or a solicitation of an offer to buy these securities in any state where such offer, solicitation or sale is not permitted.
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