Capital One Funding reported that its trust expects to issue 2 classes of notes. The sale could bring in cash, but it creates debt to repay, and the filing gives no amount or rate to show a clear change for the company.
The planned notes could bring cash into the trust, but they also create debt that must be repaid. The filing gives no sale amount, interest rate, or use for the money, so it does not show a clear change for Capital One Funding.
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