Nov. 22, 2012
/CNW Telbec/ - Aimia Inc. ("Aimia") announced today the successful closing of the previously announced public offering of
aggregate principal amount of 4.35% Senior Secured Notes Series 5 maturing on
January 22, 2018
Aimia intends to use approximately
of the net proceeds of the offering to finance the previously announced acquisition of an additional 20% equity interest in Premier Loyalty & Marketing, S.A.P.I. de C.V., owner and operator of Club Premier,
leading coalition loyalty program, and related fees and expenses, and to use the remaining net proceeds of approximately
for general corporate purposes.
The offering of the Notes was made through an underwriting syndicate led by CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc.
Aimia is a global leader in loyalty management. Aimia's unique capabilities include proven expertise in delivering proprietary loyalty services, launching and managing coalition loyalty programs, creating value through loyalty analytics and driving innovation in the emerging digital and mobile spaces. Aimia owns and operates Aeroplan,
premier coalition loyalty program and Nectar, the
largest coalition loyalty program. In addition, Aimia has majority equity positions in Air Miles Middle East and Nectar Italia as well as a minority position in Club Premier,
leading coalition loyalty program and Cardlytics, a US-based private company operating in transaction-driven marketing for electronic banking.
Aimia is a Canadian public company listed on the Toronto Stock Exchange (TSX: AIM) and has over 3,800 employees in more than 20 countries around the world. For more information about Aimia, please visit
Caution Concerning Forward-Looking Statements
Forward-looking statements are included in this news release. These forward-looking statements are identified by the use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and similar terms and phrases, including references to assumptions. Such statements may involve but are not limited to comments with respect to strategies, expectations, planned operations or future actions.