Cabela’s Incorporated said that Cabela’s Credit Card Master Note Trust completed the sale of $300 million of Asset-Backed Notes, Series 2011-IV.

The securitization transaction included the issuance of $165 million of Class A-1 Notes, which accrue interest at a fixed rate of 1.90% per year, and $90 million of Class A-2 Notes, which accrue interest at a floating rate equal to one-month LIBOR plus 0.55% per year.

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