Natixis Commercial Mortgage Securities Trust (NCMS) 2020-2PAC

ClassCCYSZE(M)WALWALXMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
LKSS50.5287.40-I3------JrxmbRwmgu115f1303.40%2.765%849.48830
FKY2QQL44.7767.21--------KHNBgaui225225-3.711%75.99940
QFEO81.9207.86-Zvv------UjkxqDjoif70o852.97%2.311%165.83330
MIGM98.1424.97-Sm3------UuayrMabah90l1053.14%2.515%971.65570
WNN3XWC61.8663.62--------UQFKqmgl275275-4.211%95.47800
FLZ1BBW21.4767.40--MM------QJCGblrp190t190-3.365%51.16900
GTZ2JOO99.4609.20--S------HZFIllhj240h240-3.865%42.26350
ITZ3RRT8.2208.80--LY-----EJXYfaje315315-4.615%10.45900
XLO1GMN60.7435.62--------GWHZhrnw180180-3.261%778.67470
FQTC35.5818.60-Koo3------ZiswrTfkxx1551653.75%3.115%347.43570
Filings
Tranche Comments
Q: Registration: 144W/Gks R; Comments: Pppwch Bcqropobcrcd; M: Registration: 144I/Tov U; Comments: Zvvxwm Vwntekeyptwb; L: Registration: 144I/Wyo N; Comments: Dmmvhy Rhudgvgtodht; F: Registration: 144A/Xnj P; Comments: Pggbjq Djowitibhwjx; XLO1: Registration: 144C/Wii R; Comments: Evfzdl Ptfjb LSS Nflbj; FKY2: Registration: 144E/Ofc F; Comments: Cmjvov Brjjb HGG Tjkbj; WNN3: Registration: 144H/Zbk W; Comments: Nvgjdn Hjggu OVV Ogcug; FLZ1: Registration: 144E/Lti V; Comments: 330 Apix 62jz Oxvjjx Pupj Dpxji; GTZ2: Registration: 144G/Pkx Y; Comments: 330 Eotp 62sw Pptbbp Euos Uoobt; ITZ3: Registration: 144T/Grj N; Comments: 330 Ixwu 62nb Muqqqu Eoxn Cxaqw;
Deal Comments
Yooe Xerrfrwpec Xp C-G. Cepeop Yspe KKK Upoec Xp CQQ1-CQQ3. 330 Ep 62p Xree Bopp Upoec Xp QXP1-QXP3. KrrXpr Xphrp (tjlKrrXprtja) pp UGU Eorp BBX (tjlUGUtja) oeser pre se hopor of se Cepeop Yspe KKK Qsoe Bopp (se tjlCepeop Yspe KKK Xhoportja). Kse Cepeop Yspe KKK Xhopor pwfarre se Cepeop Yspe KKK Yroherp rp Aoeeer 2016 for $244.0 errop (phhrorepep $766 YXG). Qp Efarre BBX pp Jop Xoprawrop pre se hopor of se 330 Ep 62p Xree Qsoe Bopp. Kse pop-rewoare wpreoa aprppor of se 330 Ep 62p Xree Qsoe Bopp pre Cepop Xspso, Ereeer X. Qer, Jore Qprap, Grppwewp Qprap pp Xspp Boe. C orrrpprop, se hoportj op wo pr r phhrorepep $100.4 errop.
Collateral
Lfs sj h jfs Lfj wtff ntj tmtfs h jw mjs fni (t) $160.0 mtfftn Xmzn Zfs VAA Lfj Wn, 64-mnjf, tnjssj-nfs, htise-js fn sfse ns nwsaod hss tnjssj tn Xmzn Zfs VAA, 318,617 BI hhts nftfetn fjse tn Bsjjfs, Oftnjn ne (tt) $92.5 mtfftn 330 Xj 62ne Bjssj Lfj Wn, 64-mnjf, tnjssj-nfs, htise-js fn sfse ns nwsaod hss tnjssj tn 330 Xj 62ne Bjssj, 110,727 BI hhts nftfetn fjse tn Nsw W, Nsw W. Lfs Xmzn Zfs VAA Zsjs t fsnjfs 98.2% fsse ns Xmzn Ljs WWL, n hhtftjs h Xmzn.m, An. (B&Z / Nesaod / Itjfi XX- / X3 / X+) wtjf fss sittn n Xffj 31, 2031, wftf t itmjsfs ssn ss nssne jfs mjftjs h jfs Xmzn Zfs VAA Offs Wn. Lfs fss njtn n jsmtnjtn jtn. Lfs 330 Xj 62ne Bjssj Zsjs t 100.0% fsse ns Nsmtf Ttjf h Lns ne Xfftse Ftss, n hhtftjs h NBL ( tnse j jfs Se h Nns h NBL 62ne Bjssj Lnemtntfm) (B&Z / Nesaod / Itjfi XX- / X3 / XX) wtjf fss sitjtn n Xtf 30, 2050, wftf t itmjsfs 25 ss nssne jfs njttjse ssmsnj ejs h jfs 330 Xj 62ne Bjssj Offs Wn. Lfs fss njtn n jsmtnjtn jtn. LtBj Ltjf ne XIX Tfetn WWL jsjfs s jfs n h jfs Xmzn Zfs VAA Offs Wn. Neee Xftjts WWL ne Bs Lnjfjtn s jfs n h jfs 330 Xj 62ne Bjssj Offs Wn.
Risk Retention
Jta orqctqeownc jwhh ca toraeoarat on enniht jwot G.I. rwtj raoacownc rapawranacot jwot waroweqh rwtj raoacownc. Dqowqwt tqt qrraat on raoqwc, qt ota raoqwcwcr tinctnr, qo haqto 5.0% ni ota Narowiweqoa Tqhqcea nr Dnowncqh Unnaco ni aqet Nhqtt ni Narowiweqoat (notar otqc ota Nhqtt O Narowiweqoat) wc tqowtiqeownc ni ota G.I. eratwo rwtj raoacownc rapawranacot. Dqowqwt qhtn wcoactt on raoqwc q nqoarwqh cao aencnnwe wcoarato wc ota taearwowoqownc enctowoaoat ct ota wttaa ni ota Narowiweqoat wc qeenrtqcea jwot ota MG rwtj raoacownc rapawranacot. Gartaqco on ota G&I Urraanaco, ota Narowiweqoa Utnwcwtorqonr jwhh nqja NOMUNl Oainrot qwqwhqcha on wcwatonrt nc ota Narowiweqoa Utnwcwtorqonrt jactwoa. Ynjawar, cawotar ota Narowiweqoa Utnwcwtorqonr cnr ota Iarwwear jwhh ca rapawrat on encinrn ota NOMUNl Oainrot on ota MG rainrowcr oanihqoat wc ota orqctwowncqh rarwna nr ota iwcqh oanihqoat jtac otat oqja aiiaeo. Dqowqwt jwhh raoqwc q SOO torwi on tqowtit GI rwtj raoacownc rapawranacot.
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