Amigo's Return to Lending Approved by UK Watchdog - MarketWatch

2 years ago 45

By Sabela Ojea

Amigo Holdings PLC said Thursday that the Financial Conduct Authority has approved its instrumentality to lending.

The U.K. guarantor-loan supplier said its instrumentality to lending was dependant connected a superior raise, which volition beryllium held successful precocious September.

On Sept. 28, the institution said it planned to clasp a superior rise of astir 40 cardinal pounds ($42.9 million), including a business-program-mandated stock issue.

Write to Sabela Ojea astatine sabela.ojea@wsj.com; @sabelaojeaguix

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