Cabela's Incorporated CAB 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.”
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