You are here
Home > Uncategorized > International Personal Finance courts private investors

International Personal Finance courts private investors

-based , the holding company for a leading provider of home credit, has today launched an offer of 6.125 per cent sterling bonds due 2020.

The bonds are available to investors and are being issued by for general corporate purposes.

IPF and its subsidiaries provide small sum, short term unsecured loans in Poland, Hungary, the Czech Republic, Slovakia, Romania and Mexico and the group currently has approximately 6,330 employees and 28,500 agents.  In 2012 the Group served 2.4 million customers and profit before tax and exceptional items was £95.1M.

The bonds, which have a minimum initial subscription amount of £2,000 and are available in multiples of £100 thereafter, are expected to be listed on the Listing Authority’s Official List and admitted to trading on the London Stock Exchange’s regulated market and through the electronic Order Book for Retail Bonds.

, of IPF said:

This retail bond is part of IPF’s strategy of diversifying sources of funding and extending the term of debt facilities, at lower cost to provide further funding for the future development of the business as we continue to progress our Strategy for Growth.

Related Post

Leave a Reply

Time limit is exhausted. Please reload the CAPTCHA.