FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-207361-02 | ||
-----Original Message-----
From: Cs Sp Syndicate (CREDIT SUISSE SECURI) [mailto:cssyndicate@bloomberg.net]
Sent: Tuesday, May 17, 2016 3:42 PM
Subject: *PRICED* $662.900mm CSAIL 2016-C6 **PUBLIC**
CSAIL COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2016-C6
SOLE BOOKRUNNERS : Credit Suisse
Co-Manager : Academy Securities
RATINGS | SIZE | WAL | BNCH | ||||
CLS | M/F/MS | $MM | YRS | SPRD | CPN % | YLD % | $ PRICE |
A1 | Aaa/AAA/AAA | 17.021 | 2.54 | IntS +47 | 1.4930 | 1.4742 | 99.9999 |
A2 | Aaa/AAA/AAA | 67.689 | 4.59 | INtS +76 | 2.6619 | 1.9618 | 102.9996 |
A3 | Aaa/AAA/AAA | 92.701 | 6.48 | IntS + 108 | 2.9562 | 2.4483 | 102.9997 |
A4 | Aaa/AAA/AAA | 128.500 | 9.51 | IntS + 111 | 2.8233 | 2.7060 | 100.9997 |
A5 | Aaa/AAA/AAA | 198.130 | 9.69 | IntS + 113 | 3.0898 | 2.7388 | 102.9994 |
ASB | Aaa/AAA/AAA | 33.186 | 7.18 | IntS + 107 | 2.9599 | 2.4971 | 102.9996 |
AS | Aa2/AAA/AAA | 57.560 | 9.81 | IntS + 138 | 3.3464 | 2.9967 | 102.9992 |
B | NR/AA-/AA- | 34.536 | 9.89 | IntS + 195 | 3.9239 | 3.5718 | 102.9991 |
C | NR/A-/A- | 33.577 | 9.89 | IntS + 300 | 4.9119 | 4.6218 | 101.9764 |
* Expected Settle | : 05/26/2016 | * Format | : SEC-Registered |
* First Pay Date | : 06/17/2016 | * Min Denoms : | $10k by $1 |
* Expected Ratings | : M/F/MS | * ERISA | : Yes |
* Ticker | : CSAIL 2016-C6 | * Timing | : Priced |
NETROADSHOW PRESENTATION : www.netroadshow.com
PASSCODE : CSAILC6 (not case-sensitive)
THIRD PARTY PASSWORDS
Bloomberg CSAIL 2016-C6 2016CSAIL6
Intex CSI16C06 2otv18btvvv702ok
Trepp CSAIL 2016-C6 2016CSAIL6
SPONSORS AND LOAN SELLERS
Column Financial 45.4%
Benefit Street Partners 19.9%
Bank of New York Mellon 15.9%
MC-Five Mile 13.6%
Bancorp Bank 5.1%
Master Servicer : KeyBank National Association
Special Servicer : Torchlight Loan Services
CS SYNDICATE
Craig Leonard 212-325-8549
Roger Tedesco 212-325-8549
Colin Harrington 212-325-8549
CS CMBS BANKING
Matt Masso 212-325-4469
Chuck Lee 212-538-1807
Michael Brunner 212-325-0230
Kevin Quinn 212-538-4612
CS CMBS TRADING
Ted Moran 212-325-4240
Will Goldsmith 212-325-4240
Brad Marvin 212-325-4240
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Investors are urged to read the final prospectus relating to these securities
because it contains important information regarding the offering that is not
included herein. The issuer, any underwriter or any dealer participating in
the offering will arrange to send you the final prospectus if you request it by
calling toll-free 1-800-211-1037.
The asset-backed securities referred to in these materials, and the asset pool
backing them, are subject to modification or revision (including the
possibility that one or more classes of securities may be split, combined or
eliminated at any time prior to issuance or availability of a final prospectus)
and are offered on a "when, as and if issued" basis. You understand that, when
you are considering the purchase of these securities, a contract of sale will
come into being no sooner than the date on which the relevant class has been
priced and we have confirmed the allocation of securities to be made to you;
any "indications of interest" expressed by you, and any "soft circles"
generated by us, will not create binding contractual obligations for you or us.
Because the asset-backed securities are being offered on a "when, as and if
issued" basis, any such contract will terminate, by its terms, without any
further obligation or liability between us, if the securities themselves, or
the particular class to which the contract relates, are not issued. Because
the asset-backed securities are subject to modification or revision, any such
contract also is conditioned upon the understanding that no material change
will occur with respect to the relevant class of securities prior to the
closing date. If a material change does occur with respect to such class, our
contract will terminate, by its terms, without any further obligation or
liability between us (the "Automatic Termination"). If an Automatic
Termination occurs, we will provide you with revised offering materials
reflecting the material change and give you an opportunity to purchase such
class. To indicate your interest in purchasing the class, you must communicate
to us your desire to do so within such timeframe as may be designated in
connection with your receipt of the revised offering materials.
The information contained in these materials may be based on assumptions
regarding market conditions and other matters as reflected herein. Credit
Suisse Securities (USA) LLC and the other underwriters make no representation
regarding the reasonableness of such assumptions or the likelihood that any
such assumptions will coincide with actual market conditions or events, and
these materials should not be relied upon for such purposes. The underwriters
and their respective affiliates, officers, directors, partners and employees,
including persons involved in the preparation or issuance of these materials,
may, from time to time, have long or short positions in, and buy and sell, the
securities mentioned herein or derivatives thereof (including options). Credit
Suisse Securities (USA) LLC and the other underwriters may have an investment
or commercial banking relationship with the issuer.
Information in these materials is current as of the date appearing on the
material only. This free writing prospectus is not required to contain all
information that is required to be included in the prospectus. The information
in this free writing prospectus is preliminary and subject to change.
Information in these materials regarding any securities discussed herein
supersedes all prior information regarding such securities. These materials
are not to be construed as an offer to sell or the solicitation of any offer to
buy any security in any jurisdiction where such an offer or solicitation would
be illegal. You should consult your own counsel, accountant and other advisors
as to the legal, tax, business, financial and related aspects of a purchase of
these securities.
The issuer has filed a registration statement (including a prospectus) with the
SEC (registration statement file no. 333-207361) for the 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. 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 toll-free 1-800-211-1037. The securities may not be
suitable for all investors.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO
THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES
WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA
BLOOMBERG OR ANOTHER EMAIL SYSTEM.
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This message is for information only and its accuracy is not guaranteed; it is not an opinion. Price/yield information is indicative and may be changed without notice. The message is not an offer or solicitation to buy/sell financial instruments. Credit Suisse and its affiliates (`CS') may hold positions in, trade, or perform investment banking or other services for the companies named. References to terms of transactions are preliminary. CS is not acting as a municipal advisor. Where required by law, and except for FX instruments, pre-trade mid-market mark is the arithmetic mean of bid and offer prices unless otherwise stated; other regulatory disclosures are at https://plus.credit-suisse.com/.
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<Preliminary Prospectus Sticker.pdf>