DBRS Assigns Ratings to Cabela’s Credit Card Master Note Trust Series 2011-IV and Confirms All Outstanding Ratings

DBRS has today assigned final ratings to the following classes issued by Cabela’s Credit Card Master Note Trust Series 2011-IV:

-Series 2011-IV Notes, Class A-1 rated AAA (sf)
-Series 2011-IV Notes, Class A-2 rated AAA (sf)
-Series 2011-IV Notes, Class B rated A (high) (sf)
-Series 2011-IV Notes, Class C rated BBB (sf)
-Series 2011-IV Notes, Class D rated BB (sf)

DBRS has also confirmed all its outstanding ratings for the Cabela’s Credit Card Master Note Trust.

Note:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Credit Card Securitizations – June 2011, which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.