TORONTO, May 15, 2015 /CNW/ - Glacier Credit Card Trust announced today that it has entered into arrangements to provide additional credit enhancement for the following Glacier Credit Card Trust Senior and Subordinated Notes:
- Series 2010-1
- Series 2012-1
- Series 2012-2
- Series 2013-1
- Series 2014-1
The additional credit enhancement is provided in the form of an increase in the Enhancement Percentage for each of the above-noted Series from 5.5% to 7.0%. Copies of the amending agreements to the applicable Series Purchase Agreements are available on www.sedar.com.
SOURCE Glacier Credit Card Trust