By Paul A. Harris
Portland, Ore., May 22 - International Personal Finance plc has priced €40 million of 4¼% medium-term fixed-rate bonds, according to a company source, who declined to immediately furnish additional terms.
The deal, which is expected to settle on May 23 and was priced via the company's euro medium-term note program, was done in connection with the company's agreement to repurchase €21,912,000 of its 11½% guaranteed notes due Aug. 6, 2015 issued on Aug. 6, 2010, according to a press release.
International Personal Finance operates using the Provident brand in Poland, the Czech Republic, Slovakia, Hungary, Mexico, Romania, Lithuania and Bulgaria.
Issuer: | International Personal Finance plc
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Amount: | €40 million
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Securities: | Fixed-rate medium-term bonds
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Coupon: | 4¼%
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Settlement date: | May 23
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Format: | Euro medium-term note program
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