IIFL Finance (NSE:IIFL, BOM:532636) plans to issue $500 million worth of senior, secured, fixed-rate notes, at a coupon rate of 7.60% per annum, according to a Thursday filing to the Indian stock exchanges.
The notes will be issued under the company's $1 billion global medium-term note program, the filing said.
The notes will be issued on June 10, 2026, and have a maturity date set at Sept. 10, 2029.