15th Nov 2013 16:29
LONDON (Alliance News) - International Personal Finance PLC Friday issued two further bonds under its euro medium term note programme, totalling GBP39.5 million.
International Personal Finance issued GBP31.5 million of 6.125% UK retail bonds due in 2020, along with approximately GBP8 million Czech Koruna 5.25% bonds due in 2018.
"We are pleased to announce the issue of two further bonds today, bringing total bond issuance to over GBP50 million in October and November. These bonds have been issued across three different currencies, with three different maturities, combining wholesale and retail markets. This provides further funding for the continuing growth of our business," Gerard Ryan, chief executive, said in a statement.
The interest rate on the bonds will be over 500 basis points lower than the Eurobond issued in 2010.
By Samuel Agini; [email protected]; @samuelagini
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Inter. Pers.