International Personal Finance plc 12% Notes due 2027
This offer is now closed for applications through interactive investor
Confirmation of Issue Size
International Personal Finance plc has confirmed the following sizing announcement, including results of the exchange offer:
- Aggregate nominal amount of New Notes to be issued: £30,000,000
- Estimated net proceeds of the New Notes: £24,856,594
- Estimated total expenses of the offering: £635,006
Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.
Confirmation of the result is being sent to successful applicants today (Friday 24 November 2023). Allocations are being credited on the Settlement Date (12 December 2023).
Key information
| Issue price (per Note): | £100 |
| Minimum investment: | £2,000 (multiples of £100 thereafter) |
| Interest rate: | 12% |
| Term of the Notes: | 4 years |
| Maturity date: | 12 December 2027 |
Expected timetable
| Offer open: | 2 November 2023 |
| Offer close: | 23 November 2023 (10am) |
| Issue date of the Bonds: | 12 December 2023 |
| First day of trading: | 12 December 2023 |
The key dates for the offer are indicative only and subject to change without notice. The Company may end the Offer Period early or withdraw the offer at any time prior to the Issue Date.
Offer documents
We, Interactive Investor Services Limited, refer to the offer of 12 Per Cent. Notes due 12 December 2027 (the "Notes") described in the Prospectus dated 24 August 2023 and the Final Terms dated 2 November 2023 (together, the "Prospectus") published by International Personal Finance plc (the "Issuer"). In consideration of the Issuer and the Guarantors offering to grant their consent to our use of the Prospectus in connection with the offer of the Notes (the “UK Public Offer”) in the United Kingdom during the Offer Period in accordance with the Authorised Offeror Terms and subject to the other conditions to such consent (as specified in the Prospectus), we accept such offer by the Issuer. We confirm that we are authorised under UK MiFIR to make, and are using the Prospectus in connection with, the UK Public Offer accordingly. Terms used herein and otherwise not defined shall have the same meaning as is given to such terms in the Prospectus.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"International Personal Finance plc" and the International Personal Finance plc logo are reproduced by kind permission of International Personal Finance plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.