Item 8.01. Other Events.
On December 17, 2019, Alliance Data Systems Corporation (the “Company”) priced an offering of $850 million aggregate principal amount
of 4.750% Senior Notes due 2024 (the “Notes”), representing a $250 million upsize from the previously announced size of the offering, at an issue price of 100% of the aggregate principal amount of the Notes.
The Notes will be general senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by each of
its existing and future domestic subsidiaries that incurs or in any other manner becomes liable for any debt under Alliance Data’s domestic credit facilities, including its existing credit agreement (the “Credit Agreement”). The Notes will pay
interest semi-annually, commencing on June 15, 2020. The offering of the Notes is expected to close on December 20, 2019, subject to customary closing conditions. The Company intends to use the net proceeds of the offering to repay a portion of
the outstanding indebtedness under the term loans provided for in the Credit Agreement.
The Notes will be offered and sold only to qualified institutional buyers in the United States pursuant to Rule 144A under the
Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in offshore transactions in accordance with Regulation S under the Securities Act. The Notes have not been, and will not be, registered under the
Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Company is under no obligation, and has no intention, to
register the Notes under the Securities Act or any state securities laws in the future. This report is neither an offer to sell nor a solicitation of an offer to buy these securities and shall not constitute an offer, solicitation, or sale in
any jurisdiction in which such offer, solicitation, or sale is unlawful.
The information included in this Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements give our expectations or forecasts of future events and can generally be identified by the use of words such as “believe,” “expect,”
“anticipate,” “estimate,” “intend,” “project,” “plan,” “likely,” “may,” “should” or other words or phrases of similar import. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are
forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements we make regarding strategic initiatives, our expected operating results, future economic conditions including currency exchange
rates, future dividend declarations and the guidance we give with respect to our anticipated financial performance.
We believe that our expectations are based on reasonable assumptions. Forward-looking statements, however, are subject to a number of
risks and uncertainties that could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this report, and no assurances can be given that our expectations will prove to have been
correct. These risks and uncertainties include, but are not limited to, factors set forth in the Risk Factors section in our Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere
in, our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. Further risks and uncertainties include, but are not limited to, the impact of strategic initiatives on us or our business if any transactions are
undertaken, and whether the anticipated benefits of such transactions can be realized as well as whether or when any share repurchases are completed.
Our forward-looking statements speak only as of the date made, and we undertake no obligation, other than as required by applicable
law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No.
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Document Description
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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