Potentially everything could change, after today ! A new week, a new dawn, the AGM with the answers we crave & hopefully the next chapter in Amigo history, today really could be a pivotal moment....
https://www.slaughterandmay.com/recent-work/international-personal-finance-plc-on-the-update-of-its-debt-issuance-programme/ Personal Finance Investments Limited, IPF International Limited and IPF Digital Group Limited are Guarantors. As part of the update, the Programme has been approved by the UK’s Financial Conduct Authority (as previously) and also the Central Bank of Ireland, in order to allow Notes issued under the Programme to be listed on either the Main Market of the London Stock Exchange, in the case of retail and wholesale offerings in the UK, or on the Regulated Market of Euronext Dublin, in the case of wholesale offerings in the EEA. HSBC is the Arranger for the Programme.
The Programme is one of the first dual-listed corporate debt issuance programmes for which the base prospectus is approved by both an EU regulator and the Financial Conduct Authority under the relevant EU and UK regulatory regimes respectively in the post-Brexit period.
With Amgo fighting to do the right thing for customers, Buddy Loans goes into administration, will this serve as a wake up call for the FCA ! Buddy Loans had a loan book of c.£25m and are the first guarantor lender to go into administration with creditors likely to get ZERO redress... https://debtcamel.co.uk/buddy-loans-administration/
Its such a shame this Amgo chat board is so toxic ! it serves very little purpose & drives the really investors away or discourages them from commenting .