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Published on 4/5/2019 in the Prospect News High Yield Daily.

Fitch revises IPF view

Fitch Ratings said it revised the outlook on International Personal Finance plc's long-term issuer default rating to stable from negative.

The agency also affirmed the long-term issuer default rating and senior debt ratings at BB and the short-term issuer default rating at B.

“The revision of the outlook reflects a lower likelihood of more severe consumer loan rate cap in Poland that would damage the business model and increasing geographical diversification of the operations outside Poland,” the agency said in a news release.


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