11th Mar 2015 11:23
LONDON (Alliance News) - International Personal Finance PLC on Wednesday announced it intends to offer sterling bonds.
The FTSE 250-listed home credit company didn't state the size of the bond issuance, but said the sterling bonds will have a maturity of between seven and nine years and an expected coupon of 5.5% to 5.75%.
It expects the offer to take place in coming weeks and said the minimum application size is expected to be GBP2,000.
Shares in the company were down 1.0% on Wednesday to 428.80 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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