Agreement to Issue Euro Medium Term Notes

RNS Number : 7896Q
International Personal Finance Plc
17 October 2013
 



17 October 2013

 

 

INTERNATIONAL PERSONAL FINANCE PLC ("IPF")

ANNOUNCES AGREEMENT TO ISSUE EURO MEDIUM TERM NOTES

 

 

We are pleased to announce that as part of IPF's strategy to diversify and extend funding, we have agreed to issue Romanian Leu bonds in an amount of RON 60.5M (c£11.5M) with a maturity of 3 years and a coupon of 8.10% (the "Notes"). The bonds are to be issued under our existing euro medium-term note programme (the "Programme"), and final settlement is scheduled for 24 October 2013.

 

In connection with the issuance of the Notes, IPF has agreed to repurchase RON 7M of the 12.0% notes due 10 February 2014 issued under the Programme on 10 February 2011.

 

 

Ben Murphy

Group Legal Director & Company Secretary

+44 (0) 113 285 6890

 

For further information, please contact

International Personal Finance plc

Rachel Moran (Investor Relations Manager)

+44 (0) 113 285 6798

Nick Jones (Media)

+44 (0) 113 285 6815

 

                                                                                                           

 

 


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