Withdrawal of Offer: GBP denominated 5.875% notes

RNS Number : 6379J
International Personal Finance Plc
08 April 2015
 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

8 April 2015

INTERNATIONAL PERSONAL FINANCE PLC

STERLING DENOMINATED 5.875% NOTES DUE OCTOBER 2022

(the "Notes")

Withdrawal of the offer

International Personal Finance ('IPF' or 'the Company'), a leading international provider of consumer credit, today announced that it has withdrawn an offer of sterling denominated 5.875% notes due October 2022 (the 'Notes') that it launched on 19 March 2015, due to insufficient demand from investors to ensure adequate liquidity in the secondary market. 

The Company continues to have a robust funding position with a balanced debt portfolio consisting of long duration wholesale and retail bonds across multiple currencies.  IPF will continue to pursue its strategic objective of securing lower cost debt with varied maturities, including longer term debt, from diversified sources.   

 

For further information, please contact:

 

International Personal Finance plc

Nick Dahlgreen (General Enquiries)                    +44 (0) 113 285 6700

Rachel Moran (Investor Relations)                      +44 (0) 113 285 6898

Nick Jones (Media)                                           +44 (0) 113 285 6815

 

FTI Consulting

Neil Doyle                                                        +44 (0) 20 3727 1141

Paul Marriott                                                    +44 (0) 20 3727 1341

 

Canaccord Genuity

Adrian Bell                                                      +44 (0) 207 523 8000

Mark Glowrey

Henrietta Podd

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDMGGDZRLGKZM
Investor Meets Company
UK 100