Citigroup priced its $867 million CMBS conduit that is backed by 65 fixed-rate commercial mortgage loans on Friday, according to a pricing term sheet filed with the US Securities and Exchange Commission.

The deal, CGCMT 2013-GC17 priced its class A-1 notes, rated triple-A with a weighted average life of 2.62-years priced at 55 basis points over swaps.

The class A-2 notes, rated triple-A with a weighted average life of 4.88-years, priced at 90 basis points over swaps. The class A-4 notes, rated triple-A with a weighted average life of 9.84-years, priced at 100 basis points over swaps.

The triple-A rated, 7.43-years, class A-AB notes and the triple-A rated, 9.92-years A-S notes priced at 95 basis points and 140 basis points over swaps respectively.

The double-A minus B notes, with a weighted average life of 9.92-years priced at 195 basis points over swaps; and the single-A minus, C notes with a weighted average life of 9.92-years priced at 245 basis points.

Citigroup and Goldman Sachs  are lead managers on the deal. Drexel Hamilton and RBS Securities are named as co-managers on the deal which is expected to close on Dec. 9.

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