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Transactions

Jun. 12, 2001

Orrick Herrington: ONLINE CREDIT CARD FIRM OFFERS NOTES FOR CASH

San Francisco's NextCard Inc., which issues credit cards online, has completed a sale of $700 million in secured notes. The three-year, floating-rate notes are secured by credit card receivables.

        San Francisco's NextCard Inc., which issues credit cards online, has completed a sale of $700 million in secured notes.
        The three-year, floating-rate notes are secured by credit card receivables.
        San Francisco's Orrick Herrington & Sutcliffe represented NextCard in the offering...

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