Business Daily.
.
A+ R A-

Cabela’s Inc. Announces Closing of $375 Million Securitization

E-mail Print
SIDNEY, Neb.--(BUSINESS WIRE)--Cabela’s Incorporated (NYSE:CAB) announced today that Cabela’s Credit Card Master Note Trust successfully completed the sale of $375 million of Asset-Backed Notes, Series 2015-I. The securitization transaction included the issuance of $218.75 million of Class A-1 Notes, which accrue interest at a fixed rate of 2.26% per year, and $100 million of Class A-2 Notes, which accrue interest at a floating rate equal to one-month LIBOR plus 0.54% per year. The securitizati

imageimage
Business Daily Media