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EquityWireIIFL Rating: S&P Global assigns 'B+' rating for IIFL Fin's $300-mln senior secured notes
IIFL Rating

S&P Global assigns 'B+' rating for IIFL Fin's $300-mln senior secured notes

This story was originally published at 18:33 IST on 3 July 2026
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IIFL-Rating-S-P-Global-assigns-B-rating-for-IIFL-Fin-s-300-mln-senior-secured-notes

--S&P Global assigns 'B+' rating IIFL Fin's $300-mln senior secured notes 

--Moody's assigns 'Ba3' rtg for IIFL Fin's $300-mln notes

 

MUMBAI – IIFL Finance Ltd. Friday said S&P Global Ratings assigned a 'B+' rating and Moody's Ratings assigned a 'Ba3' rating to the company's $300 million 7.60% senior secured fixed-rate notes due 2030. The notes are part of IIFL Finance's $1.5 billion global medium-term note programme, the company said in an exchange filing.

 

For the March quarter, the non-banking finance company reported a net profit of INR 5.87 billion on revenues of INR 36.93 billion. Friday, the company's shares ended at INR 519.55 on the National Stock Exchange, up 0.2% from the previous close.  End

 

US$1 = INR 95.21

 

Reported by Meera Nair

Edited by Saji George Titus

 

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