IN BRIEF: International Personal Finance sells USD100 million in notes

International Personal Finance PLC - Leeds, England-based provider of unsecured consumer credit in nine countries including Poland and Mexico - Prices SEK950.0 million, about USD102.8 million, in senior unsecured floating rate notes due November 2028 at 100.75% of face value. They carry an interest rate of the Stockholm interbank offered rate plus 5.75 percentage points. The bonds are an add-on to IPF's existing SEK1.00 billion in 2028 notes that were issued back in November. They will be traded in Frankfurt or Dublin. "This funding will help us grow and continue expanding access to finance for consumers underserved by mainstream lenders," says IPF Chief Financial Officer Gary Thompson.

Current stock price: 248.00 pence

12-month change: up 71%

By Tom Waite, Alliance News editor

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