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IN BRIEF: International Personal Finance lifts size of bond note offer

Fri, 24th Nov 2023 15:18

International Personal Finance PLC - Leeds, England-based company, which offers small unsecured cash loans - Announces the increase in the amount outstanding of its sterling-denominated 12% notes due December 12, 2027 by GBP30 million, taking the total amount issued through this series of notes to GBP80 million. Net proceeds of the newly issued notes will be used to support further growth in the Issuer's business. Gary Thompson, chief financial officer says: "We have now issued a total of GBP80 million through these bonds and they represent a very important component of our funding profile as we continue to deliver on our growth ambitions."

Current stock price: 118.94 pence

12-month change: up 54%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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