# EDGAR Filing Document

**Accession Number:** 0001541480
**File Stem:** 0001539497-25-001811
**Filing Date:** 2025-7
**Character Count:** 4760
**Document Hash:** 2c2148700e81254e39cc1d75996e6a72
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-001811.hdr.sgml**: 20250710

**ACCESSION NUMBER**: 0001539497-25-001811

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250710

**DATE AS OF CHANGE**: 20250710

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BBCMS Mortgage Trust 2025-C35
- **CENTRAL INDEX KEY:** 0002074653
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-286968-01
- **FILM NUMBER:** 251117008

**BUSINESS ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-412-4000

**MAIL ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barclays Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001541480
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 270108800

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-412-4000

**MAIL ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

---

| |
|:---|
| &nbsp;&nbsp;FREE WRITING PROSPECTUS |
| &nbsp;&nbsp;FILED PURSUANT TO RULE 433 |
| &nbsp;&nbsp;REGISTRATION FILE NO.: 333-286968-01 |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;NEW ISSUE CMBS IO: | &nbsp;&nbsp;BBCMS 2025-C35 \*\*\*PUBLIC OFFERING\*\*\* |
| &nbsp;&nbsp;JOINT LEADS: | &nbsp;&nbsp;BARCLAYS; BOFA; DEUTSCHE BANK SECURITIES; GOLDMAN SACHS & CO. LLC; J.P. MORGAN; SOCIÉTÉ GÉNÉRALE; UBS SECURITIES LLC |
| &nbsp;&nbsp;CO-MANAGERS: | &nbsp;&nbsp;ACADEMY SECURITIES; BANCROFT CAPITAL, LLC |
| &nbsp;&nbsp;RATING AGENCIES: | &nbsp;&nbsp;MOODY'S; FITCH; KBRA |
| &nbsp;&nbsp;PRICED TOE: | &nbsp;&nbsp;4:55 PM ET |

---

\*PUBLIC OFFERED CERTIFICATES\*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;CLASS | &nbsp;&nbsp;RATINGS (M/F/K) | &nbsp;&nbsp;AVAILABLE NOTIONAL BAL. ($MM) | &nbsp;&nbsp;WAL\*\* | &nbsp;&nbsp;SPREAD(J+) | &nbsp;&nbsp;COUPON | &nbsp;&nbsp;YIELD | &nbsp;&nbsp;PRICE |
| &nbsp;&nbsp;X-A | &nbsp;&nbsp;Aaa/AAA/AAA | &nbsp;&nbsp;538.087 | &nbsp;&nbsp;9.17 | &nbsp;&nbsp;+145 | &nbsp;&nbsp;0.85832 | &nbsp;&nbsp;5.73110 | &nbsp;&nbsp;5.20324 |

---

\*\* WAL OF NOTIONAL BALANCE @ 100CPY

- SETTLEMENT: ON OR ABOUT THURSDAY, JULY 24, 2025

----------------------------------------------------

THE SECURITIES OFFERED BY THESE MATERIALS ARE BEING OFFERED WHEN, AS AND IF ISSUED. THIS FREE WRITING PROSPECTUS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THESE SECURITIES IN ANY STATE OR OTHER JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE IS NOT PERMITTED. THESE SECURITIES DO NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE SPONSORS, THE ORIGINATORS, THE MASTER SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE CONTROLLING CLASS REPRESENTATIVE, THE COMPANION LOAN HOLDERS (OR THEIR REPRESENTATIVES), THE UNDERWRITERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THESE SECURITIES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THIS OFFERING. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS FOR THIS OFFERING IN THAT REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT 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 SEARCHING THE SEC ONLINE DATABASE (EDGAR) AT WWW.SEC.GOV. ALTERNATIVELY, YOU MAY OBTAIN A COPY OF THE PROSPECTUS FROM BARCLAYS CAPITAL INC. BY CALLING 1-888-603-5847.

ANY LEGENDS, DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR AT THE BOTTOM OF ANY EMAIL COMMUNICATION TO WHICH THIS DOCUMENT IS ATTACHED RELATING TO (1) THESE MATERIALS NOT CONSTITUTING AN OFFER (OR A SOLICITATION OF AN OFFER), (2) NO REPRESENTATION THAT THESE MATERIALS ARE ACCURATE OR COMPLETE AND MAY NOT BE UPDATED OR (3) THESE MATERIALS POSSIBLY BEING CONFIDENTIAL, ARE NOT APPLICABLE TO THESE MATERIALS AND SHOULD BE DISREGARDED. SUCH LEGENDS, DISCLAIMERS OR OTHER NOTICES HAVE BEEN AUTOMATICALLY GENERATED AS A RESULT OF THESE MATERIALS HAVING BEEN SENT VIA BLOOMBERG OR ANOTHER SYSTEM.