By Jennifer Chiou
New York, Nov. 15 - International Personal Finance plc announced the issue of a further £31.5 million of its 6 1/8% U.K. retail bonds due 2020 as well as 250 million Czech koruna of 5¼% bonds due 2018.
In April, the company issued £70 million of the sterling bonds.
The company announced the offering at the end of October with Canaccord Genuity Ltd. as the bookrunner for the deal.
The bonds bring the company's total bond issuance to over £50 million in October and November, chief executive officer Gerard Ryan said in a filing with the London Stock Exchange.
"These bonds have been issued across three different currencies, with three different maturities, combining wholesale and retail markets. ... The interest rate on the bonds continues the trend for issuing debt, on a like-for-like basis, at over 500 bps lower than the eurobond issued in 2010," Ryan said.
The notes were issued under the company's €1 billion medium-term note program.
Based in Leeds, England, the home credit company caters to those in Poland, the Czech Republic, Slovakia, Mexico and Romania.
| Issuer: | International Personal Finance plc
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| Issue: | Bonds
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| Announcement date: | Nov. 15
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| Sterling bonds
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| Issue: | U.K. retail bonds
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| Amount: | £31.5 million
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| Maturity: | 2020
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| Coupon: | 6 1/8%
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| Koruna bonds
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| Amount: | 250 million Czech koruna
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| Maturity: | 2018
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| Coupon: | 5¼%
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