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Published on 5/22/2014 in the Prospect News High Yield Daily.

New Issue: International Personal Finance sells €40 million 4¼% medium-term bonds

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
Amount:€40 million
Securities:Fixed-rate medium-term bonds
Coupon:4¼%
Settlement date:May 23
Format:Euro medium-term note program

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