secwatch.observer — SEC 8-K summary
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Issuer:     WFN CREDIT CO LLC (—)
CIK:        0001139552
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001101215-23-000097
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 6.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Financial Network Credit Card Master Note Trust issues $399.1M Series 2023-A asset-backed notes
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- Issued $350M Class A, $31.165M Class M, and $17.98M Class B notes on May 16, 2023.
- Net proceeds after underwriting and expenses estimated at $348.1M, used for general corporate purposes by depositor WFN Credit Company.
- Entered Series 2023-A Indenture Supplement with U.S. Bank National Association as indenture trustee.
- Trust portfolio totals $6.04B in principal receivables; 59.20% from obligors with VantageScore 661 or higher (April 30, 2023).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1139552/000110121523000097/0001101215-23-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1139552/000110121523000097/wfn5-16x23form8xkxpostxclo.htm
  HTML page:      https://secwatch.observer/filing/0001101215-23-000097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer