Akin Gump Advises Alliance Data Systems in $500 Million Senior Note Offering

October 21, 2020

Reading Time : 1 min

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Scott Wasserman

Senior Media Relations Manager

(Dallas) – Akin Gump represented Alliance Data Systems Corporation in connection with the offer and sale of $500 million aggregate principal amount of its 7.000 percent senior notes due 2026.

The notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Alliance Data Systems used the net proceeds from the notes offering to repay the outstanding indebtedness under the term loans provided for in its existing credit agreement.

To learn more, please click here.

The Akin Gump team advising Alliance Data Systems included corporate partners Seth Molay, Alan Laves and Matthew Bivona, senior counsel Irina Maistrenko, counsel Rachel Evans, and associates Trevor Vega and Penelope Shumway. Tax partner Jocelyn Tau and senior counsel Brandon Morris were also part of the team.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East. Founded in 1945, the firm is proudly celebrating its 75th anniversary in 2020. #AkinGump75

# # #

Share This Insight

Related Services, Sectors, and Regions

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.