Morgan Stanley and Bank of America Merrill Lynch planning a $933 billion commercial mortgage backed securitization dubbed MSBAM 2014-C15, according to deal term sheet filed with the Securities and Exchange Commission.

The deal, which has been assigned preliminary ratings by Fitch Ratings, Moody’s Investors Service and DBRS, will offer five triple-A rated, super-senior tranches with expected average lives ranging from three to 10 yeass; all benefit from 30% credit enhancement.  Also on offer are the triple-A rated, class AS notes with 25% credit enhancement.

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