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Article: Alliance Data Closes $950 Million of Fixed-Rate Term Asset-Backed Securities.
- Article from:
- PR Newswire
- Article date:
- August 14, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Issuance Follows $709 Million Raised in the Term Asset-Backed Market in April
DALLAS, Aug. 14 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced that World Financial Network
Credit Card Master Note Trust has issued $950,000,000 of fixed-rate term asset-backed securities. The asset-backed securities were issued as part of the securitization program for Alliance Data's private label credit card banking subsidiary, World Financial Network National Bank. Today's announcement represents a continuation of the Company's strategy of utilizing ...