Alliance Data Systems Corporation ADS announced today that it proposes to offer, subject to market conditions
and other factors, $400 million aggregate principal amount of senior notes due
2019 (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 to fund in
part its previously announced pending acquisition 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 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.
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