--- schema_version: "secwatch.filing_event.v1" accession: "0001101215-24-000097" form_type: "8-K" ticker: null cik: "0001139552" company_name: "WFN CREDIT CO LLC" filed_at: "2024-04-30T23:59:59+00:00" generated_at: "2026-06-03T04:04:12.636980+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # Credit card securitization trust expands Collections definition to include merchant fees ## Summary - Amendments executed April 26, 2024 include Merchant Fee Inclusion, adding merchant fees/discounts to Collections. - Supplemental Indenture No. 8 and Series 2023-A Amendment update trust account requirements and reflect the change. - Pooling and Servicing Agreement (13th Amendment) and other related agreements align with Merchant Fee Inclusion. - No financial impact or quantitative effect on noteholder cash flows was disclosed. ## SEC filing metadata - accession: 0001101215-24-000097 - form_type: 8-K - cik: 0001139552 - company_name: WFN CREDIT CO LLC - filed_at: 2024-04-30T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 1.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/a4-26x24wfnform8xkamendmen.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001101215-24-000097 - JSON: https://secwatch.observer/filing/0001101215-24-000097.json - Plain text: https://secwatch.observer/filing/0001101215-24-000097.txt ## Key facts - Material Agreements WFN CREDIT CO LLC amended Eleventh Amendment to Transfer and Servicing Agreement with Comenity Bank valued at Reflected the Merchant Fee Inclusion (effective 2024-04-26). - Action: amendment - Counterparty: Comenity Bank - Value: Reflected the Merchant Fee Inclusion - Effective: 2024-04-26 source text: On April 26, 2024, the Transferor, the Servicer and the Issuer entered into the Eleventh Amendment to Transfer and Servicing Agreement (the “ TSA Amendment ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm - Material Agreements WFN CREDIT CO LLC amended Thirteenth Amendment to Second Amended and Restated Pooling and Servicing Agreement with Comenity Bank valued at Effected updated requirements for trust accounts and reflected the Merchant Fee Inclusion (effective 2024-04-26). - Action: amendment - Counterparty: Comenity Bank - Value: Effected updated requirements for trust accounts and reflected the Merchant Fee Inclusion - Effective: 2024-04-26 source text: On April 26, 2024, WFN Credit Company, LLC, as transferor ( the “ Transferor ”), Comenity Bank (“ Comenity ”), as servicer (the “ Servicer ”), and U.S. Bank, as trustee (the “ Trustee ”), entered into the Thirteenth Amendment to Second Amended and Restated Pooling and Servicing Agreement (the “ PSA Amendment ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm - Material Agreements WFN CREDIT CO LLC amended Supplemental Indenture No. 8 to the Master Indenture with U.S. Bank National Association valued at Updated requirements for trust accounts and reflected inclusion in Collections of merchant fees and (effective 2024-04-26). - Action: amendment - Agreement: notes offering - Counterparty: U.S. Bank National Association - Value: Updated requirements for trust accounts and reflected inclusion in Collections of merchant fees and - Effective: 2024-04-26 source text: On April 26, 2024, World Financial Network Credit Card Master Note Trust, as issuer (the “ Issuer ”), and U.S. Bank National Association (“ U.S. Bank ”), as indenture trustee (the “ Indenture Trustee ”), entered into each of the Supplemental Indenture No. 8 to the Master Indenture (the “ Supplemental Indenture ”) and the Second Amendment to Series 2023-A Indenture Supplement (the “ Series 2023-A Amendment ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm - Material Agreements WFN CREDIT CO LLC amended Second Amendment to Series 2023-A Indenture Supplement with U.S. Bank National Association valued at Reflected the Merchant Fee Inclusion and allocation of such included amounts to Series 2023-A (effective 2024-04-26). - Action: amendment - Agreement: notes offering - Counterparty: U.S. Bank National Association - Value: Reflected the Merchant Fee Inclusion and allocation of such included amounts to Series 2023-A - Effective: 2024-04-26 source text: On April 26, 2024, World Financial Network Credit Card Master Note Trust, as issuer (the “ Issuer ”), and U.S. Bank National Association (“ U.S. Bank ”), as indenture trustee (the “ Indenture Trustee ”), entered into each of the Supplemental Indenture No. 8 to the Master Indenture (the “ Supplemental Indenture ”) and the Second Amendment to Series 2023-A Indenture Supplement (the “ Series 2023-A Amendment ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm - Material Agreements WFN CREDIT CO LLC amended Fifth Amendment to Receivables Purchase Agreement with Comenity Bank valued at Reflected the Merchant Fee Inclusion (effective 2024-04-26). - Action: amendment - Counterparty: Comenity Bank - Value: Reflected the Merchant Fee Inclusion - Effective: 2024-04-26 source text: On April 26, 2024, Comenity, as RPA Seller and the Transferor, as purchaser, entered into the Fifth Amendment to Receivables Purchase Agreement (the “ RPA Amendment ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1139552/000110121524000097/0001101215-24-000097-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.