New Issue - Charming Shoppes prices $144.9 mln ABS

Newswire

NEW YORK, July 22 (Reuters) - Charming Shoppes Inc. priced $144.9 million in asset-backed securities supported by credit card receivables, a source close to the deal said on Thursday.

Barclays Capital was the lead underwriter of the Rule 114a transaction, while Bear Sterns was the co-manager, the source said.

The following are terms and conditions of "Charming Shoppes 04-1":

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Class A

Issue Amount $115.2 million

Average Life 4.99 ...

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