02-Jul-2026 23:17:28
IIFLGeneral news
IIFL FINANCE : APPROVES FIXED RATE SENIOR SECURED NOTES ISSUE WORTH USD 1,500 MN
• Finance Committee approved terms of fixed rate, senior, secured notes to be issued under Regulation S and/or Rule 144A of the U.S. Securities Act, 1933. • The notes will be issued as part of the Company's USD 1,500,000,000 Global Medium Term Note Programme. • Details of pricing, tenure, and other terms are set out in the Annexure. • The issue is in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. • Expected Issue Rating: B+ / B+ / Ba3 (S&P / Fitch / Moody's). • Size of the Issue: USD 300,000,000. • Tenure: 4 years; Coupon: 7.60% per annum payable semi-annually.
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