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Alliance Data to repay $493 million under credit agreement
By Taylor Fox
New York, Sept. 17 – Alliance Data Systems Corp. plans to repay $493 million of outstanding debt under its term loans provided for in its existing credit agreement, according to a news release.
The repayment will be funded using proceeds from an offering of $500 million of senior notes due 2026.
Alliance Data Systems is a Columbus, Ohio-based marketing services provider.
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