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Prospect News home > News index > List of issuers A > Headlines for Amigo Loans Group Ltd. > News item
Published on 9/11/2017 in the Prospect News High Yield Daily.

Amigo Loans plans £75 million tap of 7 5/8% secured notes due 2024

By Paul A. Harris

Portland, Ore., Sept. 11 – Amigo Loans Group Ltd. announced in a Monday press release that it is planning a £75 million add-on to the Amigo Luxembourg SA 7 5/8% senior secured notes due 2024 via Rule 144A and Regulation S.

The Bournemouth, U.K.-based financial technology company plans to use the proceeds to repay debt owed under its revolving credit facility and for general corporate purposes.

The original £275 million issue priced at par on Jan. 13, 2017. JPMorgan, Jefferies and NatWest managed that sale.


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