IIFL Finance Approves Terms for $500M Fixed Rate Notes

IIFL Finance Limited's Finance Committee has approved the pricing, tenure, and terms for issuing fixed rate, senior, secured notes worth USD 500,000,000. These notes are part of the company's USD 1,000,000,000 Global Medium Term Note Programme. The issuance is slated for June 10, 2026, with a maturity date of September 10, 2029. The notes will carry a coupon of 7.60% per annum, payable semi-annually. Proceeds will be used for onward lending and business growth in line with the ECB Regulations and the Company's Social Finance Framework. The notes will be listed on India International Exchange IFSC Limited and NSE IFSC Limited.