trending Market Intelligence /marketintelligence/en/news-insights/trending/8Ou2axYmYT_mTUByGxgB0w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

IIFL Finance to raise up to 10B rupees in bonds

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


IIFL Finance to raise up to 10B rupees in bonds

IIFL Finance Ltd. plans to raise up to 10 billion rupees to fund business growth, Press Trust of India reported Aug. 5.

The company will issue up to 1 billion rupees of secured and unsecured redeemable nonconvertible debentures, with a greenshoe option to raise up to 9 billion rupees more, the company said at a conference.

The bonds will carry yields of 10.50% for a tenor of 69 months, and 10% for a tenor of 15 months for secured notes. There will also be a tranche of secured notes with a tenor of 39 months carrying an unspecified coupon.

The notes will be released Aug. 6, with the issuance to close Aug. 30 or earlier.As of Aug. 5, US$1 was equivalent to 70.84 Indian rupees.