SAN FRANCISCO, March 31 /PRNewswire-FirstCall/ -- Providian Financial
Corporation (NYSE: PVN) today announced that on March 31, 2004, Providian
National Bank completed the sale of $750 million in three-year Series 2004-A
floating rate notes issued by Providian Gateway Owner Trust 2004-A and are
backed by a certificate issued by the Providian Gateway Master Trust. The
offered classes of Series 2004-A included approximately $480 million floating
rate Class A notes, approximately $73 million floating rate Class B notes,
approximately $112 floating rate million Class C notes and approximately
$85 million floating rate Class D notes.
The Providian Gateway Owner Trust 2004-A notes described above have not
been and will not be registered under the Securities Act of 1933 or any state
securities law and may not be offered or sold in the United States absent
registration or an applicable exemption from registration requirements.
About Providian
San Francisco-based Providian Financial is a leading provider of credit
cards to mainstream American customers throughout the U.S. By combining
experience, analysis, technology and outstanding customer service, Providian
seeks to build long-lasting relationships with its customers by providing
products and services that meet their evolving financial needs.
SOURCE Providian Financial Corporation
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Related links:
http://www.providian.com
CONTACT:
investors, Jack Carsky, +1-415-278-4977 or
Bill Horning at +1-415-278-460, or media, Alan Elias,
+1-415-278-4189, all for Providian Financial Corporation
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