International Personal Finance (GB:IPF) has released an update.
International Personal Finance plc has successfully concluded its Tender Offer, with a significant portion of its EUR 341,228,000 Senior Unsecured Notes due 2025 being tendered for cash purchase. The company will be settling the accepted notes with cash, including accrued interest, and plans to cancel them thereafter. After the settlement, which is expected on June 14, 2024, a remainder of EUR 66,652,000 in principal amount of the Notes will still be outstanding.
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