Alliance Data Systems to redeem 5¼%, 4½% senior notes on July 10

By Sarah Lizee

Olympia, Wash., June 10 – Alliance Data Systems Corp. plans to redeem its €300 million 5¼% senior notes due 2023 and its €400 million 4½% senior notes due 2022, according to a notice.

The notes will be redeemed on July 10. The redemption price for the 5¼% notes will be 103.938 plus accrued interest to but excluding the redemption date. The redemption price for the 4½% notes will be 102.25 plus accrued interest to but excluding the redemption date.

The redemptions are both conditioned on the issuer successfully completing the sale of its Epsilon business segment and receiving net proceeds sufficient to fund the redemptions.

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

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