Cabela's Reports Successful Renewal of Variable Funding Facility with BofA

Cabela's Incorporated

announced today that Bank of America, National Association has renewed its $300 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for three years. “We are excited to have completed the early renewal of the variable funding facility with Bank of America,” said Tommy Millner, Cabela's Chief Executive Officer. “This renewal has allowed us to stagger the maturities of our three variable funding facilities and will provide continued liquidity for our Cabela's CLUB Visa program.”