CABELAS INC - FORM 8-K - EX-99 - EXHIBIT 99 (CABELA'S CCMNT FINANCIAL INFORMATION FOR MARCH 2014) - April 15, 2014

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8-K - FORM 8-K (CABELA'S CCMNT FINANCIAL INFORMATION FOR MARCH 2014) - CABELAS INCa8-kmarch2014cabelascredit.htm

Exhibit 99
March 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cabela's Credit Card Master Note Trust
CABMT 10-1
 
CABMT 10-2
 
CABMT 11-2
 
CABMT 11-4
 
CABMT 12-1
 
CABMT 12-2
Deal Size
 
$300M
 
$250M
 
$300M
 
$300M
 
$500M
 
$500M
Expected Maturity
 
1/15/2015
 
9/15/2015
 
6/15/2016
 
10/17/2016
 
2/15/2017
 
6/15/2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Portfolio Yield
 
19.99
%
 
19.99
%
 
19.99
%
 
19.99
%
 
19.99
%
 
19.99
%
Less: Base Rate
 
3.48
%
 
3.61
%
 
3.64
%
 
3.41
%
 
3.25
%
 
3.18
%
Gross Charge-offs
 
2.17
%
 
2.17
%
 
2.17
%
 
2.17
%
 
2.17
%
 
2.17
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess Spread:
Mar 2014
14.34
%
 
14.21
%
 
14.18
%
 
14.41
%
 
14.57
%
 
14.64
%
 
Feb 2014
13.31
%
 
13.11
%
 
13.08
%
 
13.30
%
 
13.46
%
 
13.53
%
 
Jan 2014
12.55
%
 
12.60
%
 
12.58
%
 
12.81
%
 
12.97
%
 
13.05
%
 
 
 
 
 
 
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
13.40
%
 
13.31
%
 
13.28
%
 
13.51
%
 
13.67
%
 
13.74
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.25
%
 
0.25
%
 
0.25
%
 
0.25
%
 
0.25
%
 
0.25
%
 
60 to 89 days
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
90+ days
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
Total
0.62
%
 
0.62
%
 
0.62
%
 
0.62
%
 
0.62
%
 
0.62
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal Payment Rate
 
40.01
%
 
40.01
%
 
40.01
%
 
40.01
%
 
40.01
%
 
40.01
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Payment Rate
 
41.68
%
 
41.68
%
 
41.68
%
 
41.68
%
 
41.68
%
 
41.68
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Month End Principal Receivables
$3,726,121,558
 
$3,726,121,558
 
$3,726,121,558
 
$3,726,121,558
 
$3,726,121,558
 
$3,726,121,558








1

Exhibit 99
March 2014
 
 
 
 
 
 
 
 
 
Cabela's Credit Card Master Note Trust
CABMT 13-1
 
CABMT 13-2
Deal Size
 
$385M
 
$350M
Expected Maturity
 
2/15/2023
 
8/15/2018
 
 
 
 
 
 
 
 
 
 
Portfolio Yield
 
19.99
%
 
19.99
%
Less: Base Rate
 
4.46
%
 
3.22
%
Gross Charge-offs
 
2.17
%
 
2.17
%
 
 
 
 
 
Excess Spread:
Mar 2014
13.36
%
 
14.60
%
 
Feb 2014
12.24
%
 
13.51
%
 
Jan 2014
11.80
%
 
12.96
%
 
 
 
 
 
3 Month Average Excess Spread
 
12.47
%
 
13.69
%
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.25
%
 
0.25
%
 
60 to 89 days
0.18
%
 
0.18
%
 
90+ days
0.19
%
 
0.19
%
 
Total
0.62
%
 
0.62
%
 
 
 
 
 
Principal Payment Rate
 
40.01
%
 
40.01
%
 
 
 
 
 
Total Payment Rate
 
41.68
%
 
41.68
%
 
 
 
 
 
Month End Principal Receivables
$3,726,121,558
 
$3,726,121,558


2

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