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Published on 2/10/2011 in the Prospect News Emerging Markets Daily.

New Issue: International Personal Finance prices 36.5 million lei of 12% notes due 2014 at par

By Angela McDaniels

Tacoma, Wash., Feb. 10 - International Personal Finance plc priced 36.5 million Romanian lei of 12% notes due Feb. 10, 2014 under its euro medium-term note program, according to a company news release.

The notes are guaranteed by IPF Holdings Ltd., International Personal Finance Investments Ltd. and IPF International Ltd.

Citigroup Global Markets Ltd. was the dealer for the Regulation S offering.

The bonds are not callable or putable.

The proceeds will be used for general corporate purposes.

The issuer has applied to list the notes on the London Stock Exchange.

International Personal Finance is a Leeds, England-based home credit business with operations in Poland, Hungary, Romania, the Czech Republic, Slovakia and Mexico.

Issuer:International Personal Finance plc
Guarantors:IPF Holdings Ltd., International Personal Finance Investments Ltd., IPF International Ltd.
Issue:Euro medium-term notes
Amount:36.5 million Romanian lei
Maturity:Feb. 10, 2014
Dealer:Citigroup Global Markets Ltd.
Coupon:12%, payable annually
Price:Par
Yield:12%
Call option:None
Settlement date:Feb. 10
Distribution:Regulation S

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