PLANO, Texas, Oct. 24, 2016 /PRNewswire/ -- Alliance Data
Systems Corporation (NYSE: ADS) ("Alliance Data") announced
today that it proposes to offer, subject to market conditions and
other factors, $400.0 million
aggregate principal amount of senior notes due 2021 (the
"Notes") to qualified institutional buyers pursuant to
Rule 144A under the Securities Act of 1933, as amended (the
"Securities Act"), and to certain non-U.S. persons in
accordance with Regulation S under the Securities Act. Alliance
Data expects to use the net proceeds of the offering of the Notes
to repay a portion of the outstanding indebtedness under the
revolving credit facility provided for in its existing credit
agreement (the "Credit Agreement") and for general corporate
purposes.
The Notes will be general unsecured senior obligations of
Alliance Data, will be guaranteed on a senior unsecured basis by
certain subsidiaries of Alliance Data that also guarantee the
Credit Agreement, and will pay interest semi-annually. The interest
rate and other terms of the Notes are to be determined by
negotiations between Alliance Data and the initial purchasers.
The Notes will not be registered under the Securities Act or any
state securities laws and may not be offered or sold in
the United States absent
registration or an applicable exemption from such registration
requirements.
This announcement is neither an offer to sell nor a solicitation
of an offer to buy any of these securities and shall not constitute
an offer, solicitation or sale in any jurisdiction in which such
offer, solicitation or sale is unlawful.
About Alliance Data
Alliance Data® (NYSE: ADS) is a leading global
provider of data-driven marketing and loyalty solutions serving
large, consumer-based industries. Alliance Data creates and deploys
customized solutions, enhancing the critical customer marketing
experience; the result is measurably changing consumer behavior
while driving business growth and profitability for some of today's
most recognizable brands. Alliance Data helps its clients create
and increase customer loyalty through solutions that engage
millions of customers each day across multiple touch points using
traditional, digital, mobile and emerging technologies. An S&P
500 and Fortune 500 company headquartered in Plano, Texas, Alliance Data consists of three
businesses that together employ more than 16,000 associates at
approximately 100 locations worldwide.
Alliance Data's Card Services business is a leading provider of
marketing-driven branded credit card programs. Epsilon®
is a leading provider of multichannel, data-driven technologies and
marketing services, and also includes Conversant®, a
leader in personalized digital marketing. LoyaltyOne®
owns and operates the AIR MILES® Reward Program,
Canada's premier coalition loyalty
program, and Netherlands-based
BrandLoyalty, a global provider of tailor-made loyalty programs for
grocers.
Follow Alliance Data on Twitter, Facebook, LinkedIn and
YouTube.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking
statements give our expectations or forecasts of future events and
can generally be identified by the use of words such as "believe,"
"expect," "anticipate," "estimate," "intend," "project," "plan,"
"likely," "may," "should" or other words or phrases of similar
import. Similarly, statements that describe our business strategy,
outlook, objectives, plans, intentions or goals also are
forward-looking statements.
We believe that our expectations are based on reasonable
assumptions. Forward-looking statements, however, are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the projections, anticipated results or
other expectations expressed in this release, and no assurances can
be given that our expectations will prove to have been correct.
These risks and uncertainties include, but are not limited to,
factors set forth in the Risk Factors section in our Annual Report
on Form 10-K for the most recently ended fiscal year, which may be
updated in Item 1A of, or elsewhere in, our Quarterly Reports on
Form 10-Q filed for periods subsequent to such Form 10-K.
Our forward-looking statements speak only as of the date made,
and we undertake no obligation, other than as required by
applicable law, to update or revise any forward-looking statements,
whether as a result of new information, subsequent events,
anticipated or unanticipated circumstances or otherwise.
Contacts:
Investors/Analysts
Tiffany
Louder
Alliance Data
214-494-3048
Tiffany.Louder@alliancedata.com
Media
Shelley
Whiddon
Alliance Data
214-494-3811
Shelley.Whiddon@alliancedata.com
Logo - http://photos.prnewswire.com/prnh/20051024/ADSLOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/alliance-data-systems-corporation-announces-proposed-offering-of-400-million-of-senior-notes-300349694.html
SOURCE Alliance Data Systems Corporation