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

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8-K - FORM 8-K (CABELA'S CCMNT FINANCIAL INFORMATION FOR SEPTEMBER 2014) - CABELAS INCa8-kseptember2014cabelascr.htm
Exhibit 99

September 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
 
19.11
%
 
19.11
%
 
19.11
%
 
19.11
%
 
19.11
%
 
19.11
%
Less: Base Rate
 
3.36
%
 
3.46
%
 
3.49
%
 
3.26
%
 
3.10
%
 
3.03
%
Gross Charge-offs
 
1.94
%
 
1.94
%
 
1.94
%
 
1.94
%
 
1.94
%
 
1.94
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess Spread:
Sep 2014
13.81
%
 
13.71
%
 
13.68
%
 
13.91
%
 
14.07
%
 
14.14
%
 
Aug 2014
14.92
%
 
14.86
%
 
14.84
%
 
15.07
%
 
15.22
%
 
15.30
%
 
Jul 2014
15.06
%
 
15.00
%
 
14.98
%
 
15.21
%
 
15.36
%
 
15.44
%
 
 
 
 
 
 
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
14.60
%
 
14.52
%
 
14.50
%
 
14.73
%
 
14.88
%
 
14.96
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.26
%
 
0.26
%
 
0.26
%
 
0.26
%
 
0.26
%
 
0.26
%
 
60 to 89 days
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
90+ days
0.20
%
 
0.20
%
 
0.20
%
 
0.20
%
 
0.20
%
 
0.20
%
 
Total
0.64
%
 
0.64
%
 
0.64
%
 
0.64
%
 
0.64
%
 
0.64
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal Payment Rate
 
39.19
%
 
39.19
%
 
39.19
%
 
39.19
%
 
39.19
%
 
39.19
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Payment Rate
 
40.78
%
 
40.78
%
 
40.78
%
 
40.78
%
 
40.78
%
 
40.78
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Month End Principal Receivables
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939

1

September 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cabela's Credit Card Master Note Trust
CABMT 13-1
 
CABMT 13-2
 
CABMT 14-1
 
CABMT 14-2
Deal Size
 
$385M
 
$350M
 
$300M
 
$400M
Expected Maturity
 
2/15/2023
 
8/15/2018
 
3/15/2017
 
7/15/2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Portfolio Yield
 
19.11
%
 
19.11
%
 
19.11
%
 
19.11
%
Less: Base Rate
 
4.30
%
 
3.07
%
 
2.43
%
 
2.51
%
Gross Charge-offs
 
1.94
%
 
1.94
%
 
1.94
%
 
1.94
%
 
 
 
 
 
 
 
 
 
Excess Spread:
Sep 2014
12.87
%
 
14.10
%
 
14.74
%
 
14.66
%
 
Aug 2014
14.03
%
 
15.24
%
 
15.89
%
 
14.85
%
 
Jul 2014
14.17
%
 
15.38
%
 
16.03
%
 
N/A

 
 
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
13.69
%
 
14.91
%
 
15.55
%
 
14.76
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.26
%
 
0.26
%
 
0.26
%
 
0.26
%
 
60 to 89 days
0.18
%
 
0.18
%
 
0.18
%
 
0.18
%
 
90+ days
0.20
%
 
0.20
%
 
0.20
%
 
0.20
%
 
Total
0.64
%
 
0.64
%
 
0.64
%
 
0.64
%
 
 
 
 
 
 
 
 
 
Principal Payment Rate
 
39.19
%
 
39.19
%
 
39.19
%
 
39.19
%
 
 
 
 
 
 
 
 
 
Total Payment Rate
 
40.78
%
 
40.78
%
 
40.78
%
 
40.78
%
 
 
 
 
 
 
 
 
 
Month End Principal Receivables
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939
 
$4,036,330,939


2

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