Alliance Data Systems Corp., a global provider of data-driven marketing and loyalty solutions, has completed an upsized placement of $850 million in unsecured 4.75 percent senior notes due 2024. Alliance Data utilized the proceeds to repay a portion of its debt, and the transaction provides long-term liquidity as well as strengthens the balance sheet by diversifying debt capital.
The joint book-running managers for the offering were BofA Securities Inc., MUFG Securities Americas Inc., Wells Fargo Securities LLC, J.P. Morgan Securities LLC, Mizuho Securities USA LLC, SunTrust Robinson Humphrey Inc., Morgan Stanley & Co. LLC, BNP Paribas Securities Corp., SMBC Nikko Securities America Inc. and Scotia Capital (USA) Inc.
