CABELAS INC - FORM 8-K - EX-99 - EXHIBIT 99 (CABELA'S CCMNT FINANCIAL INFORMATION FOR SEPTEMBER 2013) - October 15, 2013

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8-K - FORM 8-K (CABELA'S CCMNT FINANCIAL INFORMATION FOR SEPTEMBER 2013) - CABELAS INCa8-kseptember2013cabelascr.htm

Exhibit 99
September 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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
 
18.76
%
 
18.76
%
 
18.76
%
 
18.76
%
 
18.76
%
 
18.76
%
Less: Base Rate
 
3.34
%
 
3.46
%
 
3.49
%
 
3.26
%
 
3.10
%
 
3.03
%
Gross Charge-offs
 
2.03
%
 
2.03
%
 
2.03
%
 
2.03
%
 
2.03
%
 
2.03
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Excess Spread:
Sep 2013
13.39
%
 
13.27
%
 
13.24
%
 
13.47
%
 
13.63
%
 
13.70
%
 
Aug 2013
15.21
%
 
15.21
%
 
15.18
%
 
15.41
%
 
15.57
%
 
15.65
%
 
Jul 2013
14.74
%
 
14.70
%
 
14.67
%
 
14.91
%
 
15.06
%
 
15.14
%
 
 
 
 
 
 
 
 
 
 
 
 
 
3 Month Average Excess Spread
 
14.45
%
 
14.39
%
 
14.36
%
 
14.60
%
 
14.75
%
 
14.83
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
0.28
%
 
60 to 89 days
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
90+ days
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
0.19
%
 
Total
0.66
%
 
0.66
%
 
0.66
%
 
0.66
%
 
0.66
%
 
0.66
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Principal Payment Rate
 
40.14
%
 
40.14
%
 
40.14
%
 
40.14
%
 
40.14
%
 
40.14
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Payment Rate
 
41.71
%
 
41.71
%
 
41.71
%
 
41.71
%
 
41.71
%
 
41.71
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Month End Principal Receivables
$3,591,844,152
 
$3,591,844,152
 
$3,591,844,152
 
$3,591,844,152
 
$3,591,844,152
 
$3,591,844,152








1

Exhibit 99
September 2013
 
 
 
 
 
 
 
 
 
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
 
18.76
%
 
18.86
%
Less: Base Rate
 
4.30
%
 
3.12
%
Gross Charge-offs
 
2.03
%
 
1.99
%
 
 
 
 
 
Excess Spread:
Sep 2013
12.43
%
 
13.75
%
 
Aug 2013
14.39
%
 
N/A

 
Jul 2013
13.88
%
 
N/A

 
 
 
 
 
3 Month Average Excess Spread
 
13.57
%
 
13.75
%
 
 
 
 
 
 
 
 
 
 
Delinquencies:
30 to 59 days
0.28
%
 
0.28
%
 
60 to 89 days
0.19
%
 
0.19
%
 
90+ days
0.19
%
 
0.19
%
 
Total
0.66
%
 
0.66
%
 
 
 
 
 
Principal Payment Rate
 
40.14
%
 
40.14
%
 
 
 
 
 
Total Payment Rate
 
41.71
%
 
41.71
%
 
 
 
 
 
Month End Principal Receivables
$3,591,844,152
 
$3,591,844,152


2

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