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Alliance Data set Thursday bank meeting for $1.5 billion loan
By Paul A. Harris
Portland, Ore., April 26 - Alliance Data Systems Corp. will launch $1.5 billion of pro rata debt at a Thursday bank meeting, according to market sources.
The deal is comprised of a $750 million five-year term loan A and a $750 million five-year revolver.
SunTrust Robinson Humphrey Inc. is the lead arranger.
The Dallas-based provider of loyalty and marketing services plans to use the proceeds to refinance debt.
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