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International Finance to price 6 1/8% tap of sterling bonds due 2020
By Susanna Moon
Chicago, Nov. 4 - International Personal Finance plc said it launched an add-on offer of 6 1/8% sterling bonds due 2020.
The bonds are available to retail investors and are being issued for general corporate purposes, according to a company press release.
Canaccord Genuity Ltd. is the manager.
The bonds have a minimum initial subscription amount of £2,000 face value and are available in multiples of £100 face value after that.
The offer period will run until 9 a.m. ET on Nov. 15.
The manager and the company retain the right to close the offer early, the release noted.
The bonds will be consolidated and form a single series with the existing £70 million 6 1/8% notes due 2020 issued on May 8.
Based in Leeds, England, the home credit company caters to those in Poland, the Czech Republic, Slovakia, Mexico and Romania.
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