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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  International Personal Finance plc    IPF   GB00B1YKG049

INTERNATIONAL PERSONAL FINANCE PLC

(IPF)
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International Personal Finance : Exercise of Mandatory Exchange Option

11/09/2020 | 08:02am EST

International Personal Finance plc (IPF) specialises in providing unsecured consumer credit to 1.7 million customers across 10 markets. IPF operates the world's largest home credit business and a successful fintech business, IPF Digital.

INTERNATIONAL PERSONAL FINANCE PLC ANNOUNCES EXERCISE OF MANDATORY EXCHANGE OPTION

INTERNATIONAL PERSONAL FINANCE PLC

(incorporated with limited liability in England and Wales with registered number 06018973)
(the "Issuer" or "IPF")

EUR 412,000,000 5.75 per cent. Senior Unsecured Unsubordinated Fixed Rate Notes due 2021 (ISIN: XS1054714248)

(the "Existing EUR Notes")

Further to IPF's announcement on 6 November 2020 of the results of its exchange offer (the "Exchange Offer") and consent solicitations in respect of, inter alia, the Existing EUR Notes (the "Results Announcement"), IPF hereby announces that, pursuant to condition 6(i) (Mandatory Exchange) of the Existing EUR Notes, IPF has provided notice to holders of the Existing EUR Notes which have not been accepted for exchange pursuant to the Exchange Offer that IPF shall require such holders to exchange such Existing EUR Notes for New Notes (ISIN: XS2256977013) (as defined in the Results Announcement) on 12 November 2020 together with a cash adjustment payment and interest accrued to such date.

Investorrelations Rachel Moran+44 (0)7760 167637 / +44 (0)113 285 6798
and media contact:

A copy of this statement can be found on our website - www.ipfin.co.uk

LEI: 213800II1O44IRKUZB59

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

https://news.cision.com/international-personal-finance-plc/r/exercise-of-mandatory-exchange-option,c3233797

https://mb.cision.com/Main/19916/3233797/1332539.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2020 678 M 927 M 927 M
Net income 2020 -63,1 M -86,3 M -86,3 M
Net Debt 2020 - - -
P/E ratio 2020 -2,71x
Yield 2020 -
Capitalization 177 M 242 M 242 M
Capi. / Sales 2020 0,26x
Capi. / Sales 2021 0,26x
Nbr of Employees 9 854
Free-Float 88,9%
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Technical analysis trends INTERNATIONAL PERSONAL FINANCE PLC
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TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 146,75 GBX
Last Close Price 79,70 GBX
Spread / Highest target 145%
Spread / Average Target 84,1%
Spread / Lowest Target 38,0%
EPS Revisions
Managers and Directors
NameTitle
Gerard Ryan Chief Executive Officer & Executive Director
Stuart William Sinclair Chairman
Justin Ashley Lockwood Chief Financial Officer & Executive Director
Richard Moat Senior Independent Non-Executive Director
Cathryn Elizabeth Riley Independent Non-Executive Director
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