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IIFL Finance to raise up to Rs. 1,000 crore via secured NCDs, offers up to 8.75% yield equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
IIFL Finance: IIFL Finance to close Rs 1000 crore bond issue early on March 18 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
IIFL Finance to open public issue of bonds next week to raise Rs 1,000 crore Synopsis The public issue of bonds will open on March 3, 2021 for the purpose of business growth and capital augmentation. Agencies The NCDs will be listed on BSE and NSE to provide liquidity to investors, IIFL Finance said. Related NSE Explore Now NEW DELHI: IIFL Finance on Friday said it will launch a public issue of bonds next week to raise up to Rs 1,000 crore to augment its capital base. Backed by Fairfax and CDC Group, IIFL Finance will issue unsecured redeemable non-convertible debentures (NCDs), with a base issue size of Rs 100 crore and a green-shoe option to retain oversubscription of up to Rs 900 crore, aggregating to Rs 1,000 crore, the company said in a release. ....
IIFL Finance to raise up to ₹1,000 crore through NCDs According to IIFL Finance, this rate of 10.03% will be locked in for 87 months and is thus provide an advantage against interest rate fluctuations in future.Premium 1 min read Share Via Read Full Story Mumbai: Non-bank lender IIFL Finance on Friday said it will open a public issue of bonds on 3 March 2021, to raise up to ₹1,000 crore, to fund business growth and bolster its capital position. The Fairfax and CDC Group backed IIFL Finance will issue unsecured redeemable non-convertible debentures (NCDs), aggregating to ₹100 crore, with a green-shoe option to retain over-subscription up to ₹900 crore, the lender said in a statement. The bonds offer up to 10.03% yield for a tenor of 87 months and the issue has been rated AA by Crisil and AA+ by Brickwork. ....
IIFL Finance to open public issue of bonds next week to raise Rs 1,000 cr business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.