International Personal Finance Plc Publication of Final Terms (8609W)
December 14 2023 - 5:24AM
UK Regulatory
TIDMIPF
RNS Number : 8609W
International Personal Finance Plc
14 December 2023
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 (GBP10.0mn) 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 GBP140m 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
+44 (0)113 539
Kris Adamski (Group Treasurer) 5466
+44 (0)113 539
Rachel Moran (Investor Relations) 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.
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END
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