Alliance Data plans revolver paydown via $400 million notes issue

By Susanna Moon

Chicago, Oct. 24 – Alliance Data Systems Corp. plans to pay down some debt under its revolving credit facility using proceeds of a new issue.

Alliance Data plans to price $400 million principal amount of senior notes due 2021 under Rule 144A and Regulation S, according to a company announcement.

Proceeds also will be used for general corporate purposes.

Alliance Data Systems is a Plano, Texas-based provider of data-driven marketing and loyalty solutions.

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