Last checked at 14 Dec 2023 11:24
International Personal Finance plc
Publication of Final Terms
International Personal Finance plc ("IPF"), a global financial services provider to financially underserved people, today announces the successful pricing of the proposed issuance of EUR 11,600,000 (£10.0mn) 11.5 per cent. Fixed Rate Notes due 2026 (the "Notes") and the publication of the final terms ("Final Terms") dated 14 December 2023 relating to the Notes. It is intended that the Notes will initially be placed with investors based in Hungary. The issuance of the Notes forms part of the IPF Group's strategy to diversify its funding sources and extend its debt maturity profile. The proceeds of the issue will be used to support the Group's growth plans.
The Final Terms relating to the Notes are available for viewing. To view the Final Terms, please paste the following URL into the address bar of your browser:
http://www.rns-pdf.londonstockexchange.com/rns/8609W_1-2023-12-14.pdf
The Final Terms should be read in conjunction with the base prospectus dated 24 August 2023 relating to IPF's EUR 1,000,000,000 Euro Medium Term Note Programme (the "Base Prospectus").
A copy of the Final Terms has been submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Application will be made for the Notes to be admitted to listing and trading on the regulated market of the Irish Stock Exchange plc (trading as Euronext Dublin).
Commenting on today's announcement, Chief Financial Officer of IPF, Gary Thompson said:
"We are pleased to announce the pricing of the Notes in Hungary which will support our ambitions to grow and serve more consumers in the region. The issuance of the Notes concludes our successful debt funding activity across Europe, where we have raised or extended around £140m this year. These transactions have exceeded our funding plans and created a strong foundation to further diversify and extend the duration of our funding portfolio. I'd like to take this opportunity to thank our Hungarian debt capital market investors for their support."
For further information contact:
International Personal Finance plc
Kris Adamski (Group Treasurer) | +44 (0)113 539 5466 |
Rachel Moran (Investor Relations) | +44 (0)113 539 5466 |
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in the Final Terms and the Base Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Base Prospectus as supplemented by the Final Terms is not addressed. Prior to relying on the information contained in the Base Prospectus you must ascertain from the Base Prospectus whether or not you are part of the intended addressees of the information contained therein. In particular, this announcement is not for distribution in the United States and the Notes have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"). Subject to certain exceptions, Notes may not be offered, sold or delivered, directly or indirectly, in the United States or to, or for the account or benefit of U.S. persons, as such terms are defined in Regulation S under the Securities Act. There will be no public offering of the Notes in the United States.
Your right to access this service is conditional upon complying with the above.