|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
|early redeemed||USA||**/**/****||300,000,000 EUR||***/***/***|
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|Borrower||Alliance Data Systems|
|Bond type||Coupon bonds|
|Form of issue||Registered documentary bonds|
|Placement method||Open subscription|
We estimate that the net proceeds from this offering will be approximately $329.5 million, after deducting the initial purchasers’ discounts and estimated expenses of the offering payable by us. The company intends to use approximately $111.8 million (EUR100.0 million) of the net proceeds from this offering for general corporate purposes, which may include the funding of the purchase price for the acquisition of an additional 10% interest in BrandLoyalty, with the remaining net proceeds to be used to repay a portion of the outstanding indebtedness under our revolving credit facility provided for in the 2013 Credit Agreement. For purposes of calculating the net proceeds in U.S. dollars, we used the exchange rate as of September 30, 2015 of EUR1 to $1.1177. See “Capitalization.” As of September 30, 2015, we had $749.0 million in outstanding indebtedness under our revolving credit facility provided for in the 2013 Credit Agreement, with a weighted average interest rate of 2.2%. The revolving credit facility matures in part on July 10, 2018 with the majority maturing on December 8, 2019. Total availability under this revolving credit facility at September 30, 2015 was $551.0 million. See “Description of Other Indebtedness—2013 Credit Agreement.” Affiliates of all of the initial purchasers are lenders and/or agents under our revolving credit facility and will receive their pro rata portion of the net proceeds from this offering that will be used to repay a portion of the outstanding indebtedness under our revolving credit facility. See “Plan of Distribution.” 36 Capitalization The following table sets forth our cash and cash equivalents and capitalization as of September 30, 2015: • on an actual basis; and • on an as adjusted basis after giving effect to this offering and the application of the net proceeds of this offering.
|Par amount, integral multiple||1,000 EUR|
|Nominal of international bonds||1,000 EUR|
|Minimum settlement amount||100,000 EUR|
|Outstanding principal amount||0 EUR|
|Amount Outstanding||0 EUR|
|Early redemption date||07/10/2019|
|Current coupon rate||5.25%|
|Day count fraction||***|
|Coupon frequency||2 time(s) per year|
|Interest accrual date||**/**/****|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|07/12/2019||*** / *** (*** / ***)||*** (***)||***||***||Archive|
|Supranational bond issues|
|ISIN / ISIN RegS||XS1117279452|
|Common Code / Common Code RegS||111727945|
|Common Code 144A||111727953|
|CFI / CFI RegS||DBVNBR|
|FIGI / FIGI RegS||BBG00BDK4387|
|WKN / WKN RegS||A18U16|
|Ticker||ADS 5.25 11/15/23 REGS|
|Issuer rating on issue date (M/S&P/F)||***/***/***|
|Initial issue price (yield)||***% (*.**%)|
|Bookrunner:||Bank of America Merrill Lynch, Deutsche Bank, JP Morgan|