IIFL Finance Completes Issuance of USD 500 Million Senior Secured Notes under Global Program
IIFL Finance Limited has finalized the issuance of a tranche of notes as part of its broader global debt offering. The company uploaded the pricing supplement related to these instruments on the India International Exchange (IFSC) and NSE IFSC.The transaction involves USD 500,000,000 worth of Senior, Secured Notes due in 2029. These notes are fixed at a rate of 7.60% per annum and were issued under Regulation S and/or Rule 144A of the U.S. Securities Act 1933.
This issuance forms a component of IIFL Finance Limited’s larger USD 1,000,000,000 Global Medium Term Note Programme. The pricing supplement detailing these notes is accessible on the websites of India INX and NSE IFSC.
IIFL Stock Price Movement
Shares of IIFL Finance Limited slipped today, closing at ₹496.30 after shedding 1.83% against the previous close of ₹508.05. The stock saw heavy trading during the session, with approximately 1.94 million shares being traded in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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