Wells Fargo plans to issue a $1.4 billion conduit transaction called Wells Fargo Commercial Mortgage Trust 2013-LC12, according to a presale report from Kroll Bond Ratings Agency.

The deal is backed by 83 fixed-rate commercial mortgage loans secured by 150 properties. All of the loans were orginated by three sellers: Ladder Capital Finance (39.3%), The Royal Bank of Scotland (33.95), and Wells Fargo Bank, NA (26.8%).

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