WORLD FINANCIAL NETWORK CREDIT CARD MASTER NOTE TRUST Form 8-K — Oct 1, 2026
On October 1, 2026, Comenity Bank (formerly World Financial Network Bank) merged into Comenity Capital Bank, with CCB as the surviving entity and successor to all servicer, sponsor, and administrator roles for the World Financial Network Credit Card Master Trust and Master Note Trust. CCB executed an Omnibus Securitization Agreements Assignment and Assumption Agreement (dated September 23, 2026) with WFN Credit Company, LLC, U.S. Bank as trustee, and Royal Bank of Canada as lead agent, confirming CCB's succession under the pooling and servicing, transfer and servicing, and related agreements. Conditions including rating agency confirmation and CCB's eligibility as servicer were satisfied.
Key figures
- Performance credit cap
- 10% of monthly service fees
- Cc B net worth representation
- at least $50,000,000
- Service agreement initial term
- 2 years
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