secwatch.observer — SEC 8-K summary
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Issuer:     WORLD FINANCIAL NETWORK CREDIT CARD MASTER NOTE TRUST (—)
CIK:        0001282663
Form:       8-K
Filed at:   2026-10-01T20:03:39+00:00
Accession:  0001139552-26-000044
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 6.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Comenity Bank merges into Comenity Capital Bank; CCB becomes servicer for WFN credit card trusts
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- On October 1, 2026, Bread Financial's indirect subsidiary Comenity Bank merged into Comenity Capital Bank, with CCB surviving and assuming all CB rights, duties and obligations as servicer.
- CCB assumed servicing of the World Financial Network Credit Card Master Trust and Note Trust under Aug. 1, 2001 pooling and servicing and transfer and servicing agreements.
- CCB is a Utah industrial bank, FDIC-insured, headquartered in Draper, UT, and confirmed as an Eligible Servicer under both securitization agreements.
- CCB entered a Seventh Amended and Restated Service Agreement with Comenity Servicing LLC effective Oct. 1, 2026; two-year initial term; performance fee credits capped at 10% of monthly service fees.
- CB had serviced the Master Trust credit card receivables since Jan. 17, 1996; CCB is an indirect wholly-owned subsidiary of Bread Financial Holdings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282663/000113955226000044/0001139552-26-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1139552/000113955226000044/a10-01x26wfntrustiform8xkx.htm
  HTML page:      https://secwatch.observer/filing/0001139552-26-000044

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