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Finance ('IPF' or 'the Company'), a leading international provider of consumer credit, today announced that it has withdrawn an offer of sterling denominated 5.875% notes due October 2022 (the 'Notes') that it launched on 19 March 2015, due to insufficient demand from investors to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)                    [phone]

Rachel Moran (Investor Relations)                      [phone]

Nick Jones (Media)                                           [phone]

FTI Consulting

Neil Doyle                                                        [phone]

Paul Marriott                                                    [phone]

Canaccord Genuity

Adrian Bell                                                      [phone]

Mark Glowrey

Henrietta Podd

 

END

 

 

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