CABELAS INC - FORM 8-K - EX-99 - EXHIBIT 99 (CABELA'S CCMNT FINANCIAL INFORMATION FOR DECEMBER 2016) - January 17, 2017

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8-K - FORM 8-K (CABELA'S CCMNT FINANCIAL INFORMATION FOR DECEMBER 2016) - CABELAS INCa8-kdecember2016cabelascre.htm
Exhibit 99

December 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cabela's Credit Card Master Note Trust
CABMT 12-1
 
CABMT 12-2
 
CABMT 13-1
 
CABMT 13-2
 
CABMT 14-1
 
CABMT 14-2
Deal Size
 
$500M
 
$500M
 
$385M
 
$350M
 
$300M
 
$400M
Expected Maturity
 
2/15/2017
 
6/15/2017
 
2/15/2023
 
8/15/2018
 
3/15/2017
 
7/15/2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Portfolio Yield
 
20.53
%
 
20.53
%
 
20.53
%
 
20.53
%
 
20.53
%
 
20.53
%
Less: Base Rate
 
3.37
%
 
3.26
%
 
4.37
%
 
3.53
%
 
3.05
%
 
3.15
%
Gross Charge-offs
 
3.09
%
 
3.09
%
 
3.09
%
 
3.09
%
 
3.09
%
 
3.09
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess Spread:
Dec 2016
14.07
%
 
14.18
%
 
13.07
%
 
13.91
%
 
14.39
%
 
14.29
%
 
Nov 2016
13.95
%
 
14.04
%
 
12.86
%
 
13.88
%
 
14.41
%
 
14.33
%
 
Oct 2016
13.68
%
 
13.77
%
 
12.58
%
 
13.62
%
 
14.16
%
 
14.08
%
 
 
 
 
 
 
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
13.90
%
 
14.00
%
 
12.84
%
 
13.80
%
 
14.32
%
 
14.23
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.36
%
 
0.36
%
 
0.36
%
 
0.36
%
 
0.36
%
 
0.36
%
 
60 to 89 days
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
90+ days
0.32
%
 
0.32
%
 
0.32
%
 
0.32
%
 
0.32
%
 
0.32
%
 
Total
0.96
%
 
0.96
%
 
0.96
%
 
0.96
%
 
0.96
%
 
0.96
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal Payment Rate
 
33.52
%
 
33.52
%
 
33.52
%
 
33.52
%
 
33.52
%
 
33.52
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Payment Rate
 
35.27
%
 
35.27
%
 
35.27
%
 
35.27
%
 
35.27
%
 
35.27
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Month End Principal Receivables
$5,661,100,647
 
$5,661,100,647
 
$5,661,100,647
 
$5,661,100,647
 
$5,661,100,647
 
$5,661,100,647

1

December 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Cabela's Credit Card Master Note Trust
CABMT 15-1
 
CABMT 15-2
 
CABMT 16-1
Deal Size
 
$375M
 
$400M
 
$1B
Expected Maturity
 
3/16/2020
 
7/15/2020
 
6/17/2019
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Portfolio Yield
 
20.53
%
 
20.53
%
 
20.53
%
Less: Base Rate
 
3.75
%
 
3.80
%
 
3.56
%
Gross Charge-offs
 
3.09
%
 
3.09
%
 
3.09
%
 
 
 
 
 
 
 
Excess Spread:
Dec 2016
13.69
%
 
13.64
%
 
13.88
%
 
Nov 2016
13.56
%
 
13.52
%
 
13.76
%
 
Oct 2016
13.29
%
 
13.25
%
 
13.50
%
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
13.51
%
 
13.47
%
 
13.71
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.36
%
 
0.36
%
 
0.36
%
 
60 to 89 days
0.28
%
 
0.28
%
 
0.28
%
 
90+ days
0.32
%
 
0.32
%
 
0.32
%
 
Total
0.96
%
 
0.96
%
 
0.96
%
 
 
 
 
 
 
 
Principal Payment Rate
 
33.52
%
 
33.52
%
 
33.52
%
 
 
 
 
 
 
 
Total Payment Rate
 
35.27
%
 
35.27
%
 
35.27
%
 
 
 
 
 
 
 
Month End Principal Receivables
$5,661,100,647
 
$5,661,100,647
 
$5,661,100,647


2

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