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Article: Alliance Data Secures $1.3 Billion Of Conduit Liquidity.
- Article from:
- Investrend
- Article date:
- October 2, 2009
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Oct 02, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/10/02/alliance-data-secures-13-billion-of-conduit-liquidity/)
October 2, 2009 (FinancialWire) -- Alliance Data Systems Corp. (NYSE: ADS), a provider of loyalty and marketing solutions, said it has closed $1.3 billion in conduit liquidity facilities.
The company's private label credit card banking subsidiary, World Financial Network National Bank, has completed the renewal of its $1.15 billion AAA conduit facility, including additional new capacity of $150 million.
Alliance Data also renewed a $150 million AAA conduit facility for its Utah ...