Date: June 04, 2026
Board Meeting Outcomes
The Finance Committee of IIFL Finance Limited, at its meeting held on June 03, 2026, approved the pricing, tenure and other terms of the fixed rate, senior, secured notes to be issued by the Company. The issuance is part of the USD 1,000,000,000 Global Medium Term Note Programme updated by the Company.
Fundraising Details
Instrument Type: Fixed rate, senior, secured notes
Programme: USD 1,000,000,000 Global Medium Term Note Programme
Issuance Structure: Under Regulation S and/or Rule 144A of the U.S. Securities Act 1933
Size of Issue: USD 500,000,000
Tenure: 3.25 years
Date of Allotment: June 10, 2026
Date of Maturity: September 10, 2029
Coupon Rate: 7.60% per annum
Coupon Payment Schedule: Payable semi-annually on September 10 and March 10 in each year, commencing on March 10, 2027, up to and including the Date of Maturity (September 10, 2029)
Redemption: At par, to be paid on the Date of Maturity
Security: First ranking pari passu charge, over all rights, titles, interest, benefits, claims and demands, whatsoever of the Company in, to and in respect of, all present and future receivables/assets, including Company's accounts, operating cash flows, current assets, book debts, loans and advances and receivables, to the extent of complying with the Security Coverage Ratio but excluding the Excluded Assets (as defined in the Offering Circular).
Use of Proceeds: In accordance with the Company's Social Finance Framework, for onward lending and for supporting growth of the Company's business in accordance with the ECB Regulations.
Listing: India International Exchange IFSC Limited and NSE IFSC Limited
Special Rights/Privileges: N.A.
Payment History/Comments: N.A.
Delay in Payment History: N.A.
Redemption Details: N.A.