CARDS II Trust announces the creation of a new Series of Credit Card Receivables Backed Notes
TORONTO, Sept. 10, 2013 /CNW/ - CARDS II Trust (the "Trust") confirms that it has entered into arrangements with Canadian Imperial Bank of Commerce today to provide for the creation and issuance of a new Series of Credit Card Receivables Backed Notes (the "Enhancement Notes") in an aggregate amount of $101,368,603. The Enhancement Notes will provide additional credit enhancement for the outstanding Series 2010-3, Series 2011-4, Series 2012-1, Series 2012-2, Series 2012-3, Series 2012-4, Series 2013-1 and Series 2013-2 Notes issued by the Trust.
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials. The securities issued by the Trust have not been registered under the U.S. Securities Act of 1933, as amended, or any applicable state securities laws in the United States.
SOURCE CARDS II TrustFor further information:
Kevin Dove, (416) 980-8835