# EDGAR Filing Document

**Accession Number:** 0001005007
**File Stem:** 0001539497-23-000202
**Filing Date:** 2023-2
**Character Count:** 4407
**Document Hash:** 205f2802b9508f309b4240075bfc8d36
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-23-000202.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001539497-23-000202

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230210

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANK 2023-BNK45
- **CENTRAL INDEX KEY:** 0001958501
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-261279-03
- **FILM NUMBER:** 23613753

**BUSINESS ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 NORTH TYRON ST
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255
- **BUSINESS PHONE:** 7043862400

**MAIL ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 NORTH TRYON STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Banc of America Merrill Lynch Commercial Mortgage Inc.
- **CENTRAL INDEX KEY:** 0001005007
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561950039
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 NORTH TYRON ST
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255
- **BUSINESS PHONE:** 7043862400

**MAIL ADDRESS:**
- **STREET 1:** BANK OF AMERICA CORPORATE CENTER
- **STREET 2:** 100 NORTH TRYON STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28255

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BANC OF AMERICA COMMERCIAL MORTGAGE INC
- **DATE OF NAME CHANGE:** 20000831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONSLINK FUNDING CORP
- **DATE OF NAME CHANGE:** 19951218

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| |
|:---|
| &nbsp;&nbsp;FREE WRITING PROSPECTUS |
| &nbsp;&nbsp;FILED PURSUANT TO RULE 433 |
| &nbsp;&nbsp;REGISTRATION FILE NO.: 333-261279-03 |

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| | |
|:---|:---|
| &nbsp;&nbsp;NEW ISSUE CMBS: | &nbsp;&nbsp;approx. $599.606mn BANK 2023-BNK45 |
| &nbsp;&nbsp;CO-LEAD MANAGERS & BOOKRUNNERS: | &nbsp;&nbsp;BofA Securities, Wells Fargo Securities and Morgan Stanley |
| &nbsp;&nbsp;CO-MANAGERS: | &nbsp;&nbsp;Academy Securities, Inc. and Drexel Hamilton |

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PUBLICLY OFFERED CERTIFICATES

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;CLASS | &nbsp;&nbsp;Fitch/Moody's/KBRA | &nbsp;&nbsp;SIZE($MM) | &nbsp;&nbsp;SPREAD | &nbsp;&nbsp;COUPON | &nbsp;&nbsp;YIELD | &nbsp;&nbsp;PRICE |
| &nbsp;&nbsp;X-A | &nbsp;&nbsp;AAAsf/Aaa(sf)/AAA(sf) | &nbsp;&nbsp;$468.966 | &nbsp;&nbsp;J+225 | &nbsp;&nbsp;0.9944 | &nbsp;&nbsp;6.0666 | &nbsp;&nbsp;6.9366 |

---

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| | |
|:---|:---|
| &nbsp;&nbsp;POOL BALANCE: | &nbsp;&nbsp;$705212280 |
| &nbsp;&nbsp;NUMBER OF LOANS/PROPERTIES: | &nbsp;&nbsp;24/35 |
| &nbsp;&nbsp;WA MORTGAGE INT. RATE: | &nbsp;&nbsp;6.3008% |
| &nbsp;&nbsp;WA CUT-OFF LTV: | &nbsp;&nbsp;51.1% |
| &nbsp;&nbsp;WA UW NCF DSCR: | &nbsp;&nbsp;1.88x |
| &nbsp;&nbsp;WA UW NOI DEBT YLD: | &nbsp;&nbsp;13.6% |
| &nbsp;&nbsp;WA ORIG TERM TO MATURITY: | &nbsp;&nbsp;108 |
| &nbsp;&nbsp;TEN LARGEST LOANS: | &nbsp;&nbsp;75.2% |
| &nbsp;&nbsp;LOAN SELLERS: | &nbsp;&nbsp;MSMCH(37.4%), WFB(37.0%),BANA/WFB(14.9%),BANA(10.6%) |
| &nbsp;&nbsp;TOP 5 STATES: | &nbsp;&nbsp;AZ(13.4%),MA(12.0%),FL(11.8%),IL(10.7%),NC(9.9%) |
| &nbsp;&nbsp;TOP 5 PROPERTY TYPES: | &nbsp;&nbsp;RT(36.1%),OF(28.1%),HT(13.9%),IND(11.2%),MU(9.9%) |
| &nbsp;&nbsp;RISK RETENTION Eligible vertical interest ("V") | &nbsp;&nbsp;RISK RETENTION Eligible vertical interest ("V") |
| &nbsp;&nbsp;MASTER SERVICER: | &nbsp;&nbsp;Wells Fargo Bank |
| &nbsp;&nbsp;SPECIAL SERVICER: | &nbsp;&nbsp;LNR Partners, LLC |
| &nbsp;&nbsp;TRUSTEE: | &nbsp;&nbsp;ComputerShare |
| &nbsp;&nbsp;CERT ADMIN: | &nbsp;&nbsp;ComputerShare |
| &nbsp;&nbsp;TRUST ADVISOR: | &nbsp;&nbsp;Park Bridge |
| &nbsp;&nbsp;INITIAL CONTROLLING CLASS REP: | &nbsp;&nbsp;LD III Sub XI, LLC |
| &nbsp;&nbsp;Documents and Expected Timing: | &nbsp;&nbsp;Documents and Expected Timing: |
| &nbsp;&nbsp;Attached: | &nbsp;&nbsp;TERM SHEET, ANNEX A-1, PRELIM PROSPECTUS |
| &nbsp;&nbsp;PRICING: | &nbsp;&nbsp;PRICED |
| &nbsp;&nbsp;SETTLEMENT: | &nbsp;&nbsp;On or about February 23 |

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