| Securitization trust debt |
| | |
Final Scheduled | |
Receivables Pledged at | | |
| | |
Outstanding Principal at | | |
Outstanding Principal at | | |
Weighted Average Interest Rate at | |
| | |
Payment | |
December 31, | | |
Initial | | |
December 31, | | |
December 31, | | |
December 31, | |
| Series | |
Date (1) | |
2013 (2) | | |
Principal | | |
2013 | | |
2012 | | |
2013 | |
| | |
| |
(Dollars in thousands) | | |
| |
| CPS 2008-A | |
October 2014 | |
$ | – | | |
$ | 310,359 | | |
$ | – | | |
$ | 40,713 | | |
| – | |
| Page Five Funding | |
January 2018 | |
| 11,038 | | |
| 46,058 | | |
| 9,358 | | |
| 21,251 | | |
| 9.37% | |
| CPS 2011-A | |
April 2018 | |
| 28,278 | | |
| 100,364 | | |
| 24,526 | | |
| 48,368 | | |
| 3.42% | |
| CPS 2011-B | |
September 2018 | |
| 44,704 | | |
| 109,936 | | |
| 44,433 | | |
| 70,863 | | |
| 4.67% | |
| CPS 2011-C | |
March 2019 | |
| 56,232 | | |
| 119,400 | | |
| 56,271 | | |
| 88,269 | | |
| 5.01% | |
| CPS 2012-A | |
June 2019 | |
| 65,557 | | |
| 155,000 | | |
| 65,051 | | |
| 105,485 | | |
| 3.56% | |
| CPS 2012-B | |
September 2019 | |
| 86,555 | | |
| 141,500 | | |
| 86,254 | | |
| 122,329 | | |
| 3.24% | |
| CPS 2012-C | |
December 2019 | |
| 93,098 | | |
| 147,000 | | |
| 93,006 | | |
| 135,219 | | |
| 2.59% | |
| CPS 2012-D | |
March 2020 | |
| 111,633 | | |
| 160,000 | | |
| 108,815 | | |
| 160,000 | | |
| 2.17% | |
| CPS 2013-A | |
June 2020 | |
| 152,575 | | |
| 185,000 | | |
| 142,842 | | |
| – | | |
| 1.90% | |
| CPS 2013-B | |
September 2020 | |
| 179,952 | | |
| 205,000 | | |
| 172,499 | | |
| – | | |
| 2.32% | |
| CPS 2013-C | |
December 2020 | |
| 194,810 | | |
| 205,000 | | |
| 191,504 | | |
| – | | |
| 2.41% | |
| CPS 2013-D (3) | |
March 2021 | |
| 117,804 | | |
| 183,000 | | |
| 183,000 | | |
| – | | |
| 2.19% | |
| | |
| |
$ | 1,142,236 | | |
$ | 2,067,617 | | |
$ | 1,177,559 | | |
$ | 792,497 | | |
| | |
_________________________
| (1) | The Final Scheduled Payment Date represents final legal maturity of the securitization trust debt. Securitization
trust debt is expected to become due and to be paid prior to those dates, based on amortization of the finance receivables
pledged to the Trusts. Expected payments, which will depend on the performance of such receivables, as to which there can be
no assurance, are $445.7 million in 2014, $345.1 million in 2015, $216.6 million in 2016, $117.0 million in 2017, $40.3
million in 2018, and $12.9 million in 2019. |
| (2) | Includes repossessed assets that are included in Other Assets on our Consolidated Balance Sheet. |
| (3) | An additional $63.4 million of receivables were pledged to CPS 2013-D in January 2014. |
|