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Provident Financial exercises call option on €50,000 floaters due 2015
By Tali Rackner
Norfolk, Va., April 23 - Provident Financial plc is exercising its right to redeem €50,000 of its floating-rate guaranteed notes due 2015, according to a filing with the London Stock Exchange.
The notes, which were originally issued in the amount of €14.5 million, will be redeemed on May 27.
Provident Financial Management Services Ltd., Provident Personal Credit Ltd., Greenwood Personal Credit Ltd. and Provident Investments plc guarantee the notes.
Provident Financial is a United Kingdom-based company that provides personal credit products.
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