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IN BRIEF: International Personal Sets Interest Rate For New Notes

20th Oct 2020 17:26

International Personal Finance PLC - Consumer lending provider - As part of exchange offer for existing EUR412.0 million fixed rate notes due 2021, the new notes which forms part of the exchange consideration well bear interest at a rate of 9.75% per annum. New notes will be issued at a price of 99% of their nominal amount. Final deadline has been set for November 3.

Current stock price: 63.90 pence

Year-to-date change: down 60%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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