|FREE WRITING PROSPECTUS|
|FILED PURSUANT TO RULE 433|
|REGISTRATION FILE NO.: 333-226123-10|
|From:||Spg Syndicate Jpm (JP MORGAN SECURITIES) <email@example.com>|
|Sent:||Monday, October 19, 2020 10:21 AM|
|Subject:||★GUIDANCE★ $746.733MM BMARK 2020-B20 **PUBLIC CMBS**|
BENCHMARK COMMERCIAL MORTGAGE SECURITIES TRUST 2020-B20 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2020-B20
|JOINT BOOKRUNNERS &|
|J.P. MORGAN SECURITIES LLC, DEUTSCHE BANK SECURITIES INC., CITIGROUP GLOBAL MARKETS INC. AND GOLDMAN SACHS & CO. LLC.|
|CO-MANAGERS:||DREXEL HAMILTON, LLC, ACADEMY SECURITIES, INC.|
***OFFERED CERTIFICATES - PUBLIC***
|DOCUMENTS & TIMING|
|ANTICIPATED LAUNCH:||~11:00AM EST|
|ANTICIPATED PRICING:||~12:00PM EST|
|ANTICIPATED SETTLEMENT:||ON OR ABOUT OCTOBER 30, 2020|
|JPM SPG SYNDICATE CONTACTS|
|JPM CMBS BANKING CONTACTS|
|JPM CMBS TRADING DESK CONTACTS|
|DEUTSCHE BANK TRADING DESK CONTACT|
|CITIGROUP SYNDICATE DESK CONTACTS|
|GOLDMAN SACHS CMBS BANKING CONTACTS|
|GOLDMAN SACHS SYNDICATE CONTACTS|
|GOLDMAN SACHS CAPITAL MARKETS CONTACTS|
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