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FINWIRES

IIFL Finance to Raise $500 Million Through Fixed Rate Notes

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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.

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