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IIFL Finance Accepts Bids Worth $100 Mn to Reissue 2028 Dollar Bonds
Hindustan Times Patna
|March 05, 2025
India's IIFL Finance has accepted bids worth $100 million for the reissue of its 8.75% 2028 dollar-denominated bonds, two sources aware of the matter said on Tuesday.
MUMBAI:
The non-banking finance company has finalized the deal at a yield of 8.35%. Earlier in the day, it marketed the issue at yields in the 8.30%-8.40% range.
The company received bids worth around $430 million, the sources said, requesting anonymity as they are not authorized to speak to the media.
The company declined to comment on the development.
This story is from the March 05, 2025 edition of Hindustan Times Patna.
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