IIFL Finance to raise $300 mln via 4-year senior notes at 7.60%
This story was originally published at 09:12 IST on 3 July 2026
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--IIFL Finance to raise $300 mln via 4-year senior notes at 7.60%
MUMBAI - IIFL Finance will raise $300 million through the issuance of four-year senior secured notes maturing on Jul. 10, 2030, the company said in a filing Friday. The notes will be allotted on Jul. 10. The issuance carries a coupon of 7.60%, payable semi-annually.
The company expects Fitch Ratings to rate the issuance 'B+', while Moody's is likely to rate the notes 'Ba3'. The notes will be listed on the India International Exchange Ltd. and the National Stock Exchange International Financial Services Centre Ltd. The company will use the proceeds according to its social financing framework for onward lending and supporting business growth. End
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Reported by Janwee Prajapati
Edited by Avishek Dutta
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