Comenity Bank formerly World Financial Network Bank, plans to issue a $480 million securitization from its credit card master note trust.

Series 2013-A, has been assigned preliminary ratings by Standard & Poor's and Fitch Ratings. The class A notes are rated ‘AAA’/’AAA’; the class M notes are rated ‘AA+’/‘AA’; the class B notes are rated ‘A+’/ ‘A+’ ; and the class D notes are rated ‘BBB’/ ‘BBB’.

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