IIFL Finance approves note issuance of $500mn under GMT programme

IIFL Finance approved the pricing, tenure and other terms of the fixed rate, senior, secured notes to be issued by the Company under Regulation S and/or Rule 144A of the U.S. Securities Act 1933 as part of the USD 1,000,000,000 Global Medium Term Note Programme updated by the Company.

• Type of Instrument - Fixed rate, senior, secured notes (Notes)
• Size of the Issue -  USD 500,000,000  
• Tenure - 3.25 years
• Date of allotment - 10 June 2026
• Coupon - 7.60% per annum payable semi annually