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Tuesday, March 17, 2015

Cabelaa s Inc. Announces Closing of $375 Million Securitization

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 securitization transaction also included the issuance of three subordinated classes of notes in the aggregate principal amount of $56.25 million.

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