IIFL Finance raises $300 million via dollar bonds

IIFL Finance has successfully raised $300 million through a four-year dollar bond sale to international investors, marking its second such issuance recently. The bonds were priced at 7.60%, reflecting strong overseas demand. This move allows the company to quickly access funds under its existing medium-term note program. Fitch Ratings has assigned an expected 'B+(EXP)' rating to these secured obligations.

Raccontata daeconomictimes.indiatimes.com